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Strategies & Market Trends : Alamos Gold -- Ignore unavailable to you. Want to Upgrade?


To: Miner who wrote (2791)6/16/2002 10:21:17 PM
From: Al Collard  Respond to of 4470
 
Hi John,

Your in with DMX-t @$ 3.46 for 5,780 shares.

Chart for Dimethaid Research, Inc:

stockcharts.com[h,a]dacaniay[dc][pc20!b50!f][vc60][iLa12,26,9!Ll14]&pref=G

From the chart of DMX we can see the stock broke down under it's 20EMA last week on average volume. The chart indicators are bearish and without news the stock appears to be headed to test 52 week lows.

Good luck with this pick,
Al

Not sure where Chucka is. I know he was on holidays last week and was experiencing internet problems before he left.



To: Miner who wrote (2791)6/17/2002 8:37:38 AM
From: Al Collard  Read Replies (1) | Respond to of 4470
 
DMX-t...in the news:

Globes says Dimethaid kills U.K. ointment deal


Mon 17 Jun 2002

The Globe and Mail reports in its Saturday, June 15, edition that Dimethaid
Research of Markham, Ont., says it has ended a British sales and marketing
deal with Provalis Healthcare for distribution of Pennsaid, an ointment to
treat arthritis. The Globe's Briefing column reports that Dimethaid in
January, 2001, awarded the Provalis PLC unit exclusive rights to market and
distribute the drug in Britain, where seven million people suffer from
osteoarthritis. Provalis was expected to meet minimum sales targets by
March. "We fully expected Pennsaid to be achieving greater sales and market
penetration in the United Kingdom than has been the case to date,"
Dimethaid said in a release. Dimethaid stock slipped four cents to finish
Friday at $3.46, sixteen cents ahead of its 52-week low, on the Toronto
Stock Exchange Friday. The stock has a 52-week high of $6.85.