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Gold/Mining/Energy : Pacific North West Capital Corporation-PFN on Alberta -- Ignore unavailable to you. Want to Upgrade?


To: Buckey who wrote (1229)4/26/2000 11:32:00 PM
From: Elizabeth Andrews  Read Replies (2) | Respond to of 2255
 
People keep reminding me that I was wrong on ARP. Well, this is only partly true. I recommended shorting the stock at $4 and it fell back to $2.30 or so for a small win. It ran back up to $4 and I commended shorting again. It fell back to $3.50 or so and I didn't cover.

Then, as I said on one post it was obvious to me that something was up and I covered. I said in another post that things had changed and it wasn't obvious why and I was looking for an entry point to go long. I never bought the stock and then the Barrick offer showed up. Then Homestake went crazy and overpaid for the resource in my view. Only time will tell who's right but that episode keeps getting repeated as I guess for now you have to conclude that my analysis was wrong as I never believed the stock was worth what Homestake paid for it.

And, I'm wrong lot's of times especially on grassroots shots which are the most difficult to pick. Once you get assays from a drill hole things get easier for me.