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Gold/Mining/Energy : Twin Mining (formerly Twin-Gold) -- Ignore unavailable to you. Want to Upgrade?

To: Letmebe Frank who wrote (89)	1/23/2002 11:43:48 PM
From: bill	Read Replies (2) \| Respond to of 613

I'm sure glad you said you'd already put in your order. That way I won't feel guilty if it doesn't work out. On the basis of last year, I'd say there's some support at 60; however, the stronger support is about 56 cents. There are so many externals affecting the stock that a number of scenarios are possible. The following is about TWG. You'll have to read it to see the connection. In the past I did quite well trading PUG. Because of that I've started to pay attention to it again. The chart is positive. It has a jv with ACA and is riding on ACA's recent success. They're waiting for news. The enthusiasm for ACA has affected a number of other stocks and the price has risen close to WSPs at the time of the buyout. Yet, they don't have anywhere near the results. (I'm sorry for being so long winded but the process of getting to where I'm going matters.)This evening I checked PUG. Saw a substantial drop with very large volume--2.5mill shares. I immediately checked ACA. It, too, had a drop. That, to me, signaled that while there might not be bad news coming, there might be news that won't support the recent run up. Now, IF TWG's price has risen on expectations of ACA results, and if ACA's results aren't up to snuff, then there could be a sharp turn down in TWG's price. Given TWG's play, the turn down could happen quickly with a quick rebound. Having a buy order in at 60 makes sense. I may put in an order at 56 BUT on a numer of occasions I've missed out on stock because I've been too cheap to pay the extra couple of cents. I'll need others on this thread to tell us how less than stellar ACA news might affect TWG. Not at all. Somewhat. A lot. If ACA news is good or bad and if that would have an effect on TWG, that would be the external event that would affect the trend.