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Gold/Mining/Energy : Position Trading in Canada -- Ignore unavailable to you. Want to Upgrade?

To: Earl Pyatt who wrote (1929)1/10/2000 11:14:00 AM
From: Ward Nicholson  Read Replies (2) | Respond to of 2259
 
LDM:

Actually I'm not surprised. I thought we might see some
action below $7.50...

Message 12421796

I still think going long on anything under $7.50 is a good
position trade.

WN



To: Earl Pyatt who wrote (1929)1/10/2000 12:10:00 PM
From: Jan Johnstone  Read Replies (1) | Respond to of 2259
 
My guess is that the current LDM weakness has to do with Safety-Kleen and the earnings trouble they had last week.

LDM is trying to sell SK, but the market is guessing correctly that they are not going to get their asking price. LDM is going to continue to go down in the near term, IMHO only.

Jan


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