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Gold/Mining/Energy : SOUTHERNERA (t.SUF) -- Ignore unavailable to you. Want to Upgrade?


To: Elizabeth Andrews who wrote (5898)4/6/2000 2:41:00 AM
From: marcos  Respond to of 7235
 
Maybe they're Evil Shorting Bashers, lol ... i added a few shares yesterday, will pick up more if suf is still under 2.00 when the nickels are handy ... got fourty per cent off at an average of 3.19 but then on the way back down when faced with a sizable bid of 2.80, in the full knowledge that it was tanking short-term, i decided to hold the rest ... 'it'll come back' was the thought .... well it will come back ... if you treat everything else as a liability of a dollar a share it's still worth multiples of this level on Messina alone.



To: Elizabeth Andrews who wrote (5898)4/6/2000 8:36:00 AM
From: Brian MacDonald  Respond to of 7235
 
I agree. Why even take the time to do a report and publish it. Yesterday the stock opened at $2.00. I guess the 'two customers' who new the new RBCDS target were busy cashing in.

Any good news after all this bad stuff could send SUF on a wild ride upward. It'll be like taking the lid off a pressurized can.



To: Elizabeth Andrews who wrote (5898)4/6/2000 9:37:00 AM
From: gemsearcher  Read Replies (1) | Respond to of 7235
 
Hi Elizabeth.

Re DS - I think you hit the nail on the head. Someone must have peed in the DS morning cereal to trigger a 30 cent downward target revision. Maybe the London DS office (the report originated from there) is miffed that SUF is starting to approach the U.S. (as opposed to European) markets for $$. I think that the PDL bank financing has raised a few eyebrows.

The Camafuca write-off was the smart move IMO. It puts SUF in a better bargaining position with Endiama/potential JV partner , having already taken the hit. It also serves to further distance the promise of the future from the errors of the past.

This stock has about as much business being at $1.80 today as it did being at $20 three years ago .

Regards.