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Gold/Mining/Energy : GEAC.....Canadian best kept secret -- Ignore unavailable to you. Want to Upgrade?


To: Sultan who wrote (975)1/23/2000 11:01:00 PM
From: micromike  Read Replies (2) | Respond to of 1571
 
It's based on share price and last years history. Very similar pattern but it went from 50 bucks to 30 bucks then the pre-warning mid Feb. then down to 22 bucks. All I'm saying is that something is up. There is no news out from Geac and the price is at $22.85. My only conclusion is that the insiders have bailed out at 30,29,28,27 bucks and now the average guy is bailing out. I could be wrong and everybody else is thinking the same thing as me and bailing out just because of last years history. The only thing now is that I think if you wanted to bail out you could be at the low for the year but then again the market is very strange. We will know if it's a low or not in about a month or so when they release the earnings.

JMHO
Mike