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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?


To: Canuck Dave who wrote (52589)7/30/2001 7:52:10 PM
From: Swami  Read Replies (1) | Respond to of 62348
 
No actually i did not know the earnings were coming out after the bell..i woulda gotten out like the bat outa hell before close..I think the revenue is shrinking and profits are down..BUT the NR also says they have declared 20 cent dividend to holders august 31..Noranda's book value is 15.80 and they are making money..albeit less..than last quarter..who isnt (Bnn.a hehe) ..i had made my 10 cents on 4k and shouda gotten out..but figured it comes up 16.35 every morning like clockwork (i watch it)..i dont mind being a bagholder in a stock that has declared 5% dividend and trades at book value..but we may see some selling..tomorrow and then a rebound for value pickers..so i think i may sell if the price is breakeven or slightly above or minor loss..i like my capital available all the time and hate waiting for some company to turnaround..will see tomorrow may have to give up my juicy gains from NT recently.