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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?


To: Le profiteur who wrote (2456)5/11/2001 6:19:29 PM
From: marcos  Read Replies (1) | Respond to of 11802
 
qbx.v - 17,241 shares at the .58 offer ... lotta value here, ~.85 in cash, whack of other assets, mostly liquid ... and i think - a story coming

lp - yes i noticed CC change of mood there with gtt ... see how they're buying a lot cheaper than they sold? ... they know the game ... for sure it will get run at some point, and in the meantime it is imho reasonable to expect it to recover a little first and plateau out around ~.15 for a while .... seems fairly possible to me that Mackin will make a go of it as a business in the end too, we shall see ... good luck with it



To: Le profiteur who wrote (2456)5/11/2001 7:53:04 PM
From: Al Collard  Respond to of 11802
 
Hi LP,

Your in with GTT-v @$.10 for 100,000 shares.

Chart for Global Tree Technologies Inc.(GTT-v):

stockcharts.com[l,a]djclnimy[pc20!b50!b100!b200][vc60][iLl14!Lh14,3!La12,26,9]

Looking at the chart for GTT we can see the stock is trading under all it's major MA's and has big resistance @$.11 it's 50MA. All the chart indicators are trending down suggesting further downside is a possibility, although the latest sell-off is on low volume. What this stock obviously needs is a dose of good news and fast. All in all a very bearish looking chart.

Good luck with this pick,
Al