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Gold/Mining/Energy : Francisco Gold - FGX.V -- Ignore unavailable to you. Want to Upgrade?


To: philv who wrote (745)5/2/2000 8:43:00 PM
From: Nexus  Read Replies (1) | Respond to of 1907
 
Philv,

It's thinly traded. It forces buyers to buy at a high price (like that poor chap at 5.95 a couple of days ago) and sellers to have to take a lower price. If there is good news at some point, it doesn't matter if it is thinly traded or an actively traded stock, it will move at it's fair market value no matter how many shares are traded.

Nexus.



To: philv who wrote (745)5/3/2000 12:25:00 AM
From: Claude Cormier  Respond to of 1907
 
<< I may not be able to buy in below 5.50, and if that is the case, perhaps I will miss this one.>>

I have accumulated between $4.75 and $7. No need to say that I have a short/medium term target that justify buying at $7.



To: philv who wrote (745)5/3/2000 1:13:00 PM
From: skynight  Respond to of 1907
 
Hi Phil: Everyone has their own style of trading or investing but I have always had better luck buying a stock that is moving up as opposed to moving down and also stocks that are tightly held, indicating the holders believe the stocks are going to be moving much higher.

If there is a plentiful supply and the price is bouncing all over the place it usually indicates no one has any idea what is in store for the company. Just something to think about.

sky