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Gold/Mining/Energy : Nuvo Research Inc -- Ignore unavailable to you. Want to Upgrade?


To: TheBusDriver who wrote (11854)1/12/2003 2:06:31 PM
From: axial  Read Replies (1) | Respond to of 14101
 
Wayne, your question has been the subject of "vigorous debate" LOL!

"Jim, look at this point and figure chart. Does it not clearly show Acqua at work or am I barking up the wrong tree?"

I believe we have seen Acqua at work since November 26. What makes me think that?

1 - The lights are still on at DMX
2 - RK has stated, time and again (and right up to now), her preference for Acqua, and has consistently extended the relationship.
3 - On the Stockwatch daily charts, I keep seeing the reappearance of those trading "channels" - the hallmark of Acqua trading.
4 - We see TD, and possibly Dundee as Amigos. I'm equivocal about the presence of RBC; IMO RC is a non-Amigo taking profits. Possible cash to DMX exceeds CDN $2 million - but the numbers are fuzzy.
5 - In the presence of news (or expectation of same) - Acqua's not that bad. Lots of companies have used Acqua successfully - and that's a fact. The success of Acqua is highly dependent on demand for the stock.

What are reasons for NOT thinking Acqua is there?

1 - No announcement

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

On balance, I believe that Acqua is there, and has been since late November. I believe that the presence of lots of "noise" in trading has obscured Acqua's action. I also think that Acqua trading has been moderated, somewhat - especially when compared, say, to LOM's rapacious Acqua selling last summer. The lack of an announcement complicates matters - but there is evidence, and reason to believe that Acqua's at work, IMO.

Regards,

Jim