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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?

To: dsit who wrote (11007)	1/19/2003 8:51:56 PM
From: Al Collard	Respond to of 11802

Hi dsit, Your in with MPH.wt-t @$ .255 for 39,215 shares. Chart for Medicure Inc: stockcharts.com[w,a]dacaniay[dc][pc20!b50!f][vc60][iLa12,26,9!Lh14,3]&pref=G The wts for MPH are exercisable for $ .65 to Jan. 1st 2004. With MPH currently trading @$ .86 the wts do have intrinsic value. The wts are just a high leverage play on the price of MPH. From the chart of MPH we can see the Bearish Engulfing pattern after Friday's long black candlestick. This pattern shows the bears have wrestled control away form the bulls and a trend change is probable. The stock does appear overbought and if the volume declines a test of support @$ .62 the 20EMA is probable. I would wait to buy in on a test of support. (Wait) Good luck with this pick, Al