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Gold/Mining/Energy : Corner Bay Silver (BAY.T) -- Ignore unavailable to you. Want to Upgrade?


To: Little Joe who wrote (774)4/17/2000 8:29:00 AM
From: TheBusDriver  Respond to of 4409
 
Hi LJ...

<<As for the chart, 2.70 is an important resistance area. The stock hit the 2.70 area and dropped like a rock.>>

Well we can agree that there is strong resistance in the $2.70 area...this is for sure. Why the stock gave it all back is where the question is. My take is that BAY is not in a isolated from the markets in general, it is not a major on a major exchange and the pull back is more to do with overall market forces than the stock itself. Am I right? Who knows. Usually I am the last one to know.

You statement about good news not moving a stock is usually a warning sign is normally correct. I would worry too if it were not for the market in general.

Anyway keep worrying, we need someone asking these kind of questions.

Wayne