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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Scott Mc who wrote (4463)10/8/2002 12:18:45 PM
From: Casey  Read Replies (2) | Respond to of 11633
 
Scott, short covering is buying back pre-sold units, and would cause the units to rise in price, not fall. It seems that many of the income trusts are getting hit today. Strange.



To: Scott Mc who wrote (4463)10/8/2002 1:55:17 PM
From: Peter W. Panchyshyn  Read Replies (1) | Respond to of 11633
 
AE showing weakness, is that short covering or what?

-----http://www.siliconinvestor.com/readmsg.aspx?msgid=17996474

-----"""Now from Nov 2001 to July 2002 AE has had a stellar rise from just over $3 to around $4.50 or so. Now perhaps with this stellar rise the KETCH deal or something like it had already been factored into the price. Remember the old adage """BUY ON RUMOR SELL ON NEWS""". MAYBE THATS WHAT BEEN HAPPENING !!!!!. JUST SOME THOUGHTS TO CONSIDER ON THE MATTER. -----"""""------