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Gold/Mining/Energy : JAB International (JABI) -- Ignore unavailable to you. Want to Upgrade?


To: Roebear who wrote (1219)11/15/1997 12:42:00 PM
From: DJRoss  Read Replies (1) | Respond to of 4571
 
Darlene,Roebear, and anyone else who is sweating the proverbial ticks. If this is the ride of a lifetime, sit back and buckle up and wait for the countdown.

BCMD has held up well in a market that is currently suffering an identity crisis. POG has been a major factor in pulling down share price, although trading appears to show a reluctant slide, which is positive.

While I agree that news will make this stock dance, I get the feeling that Darlene is nervous. If BCMD is the nugget you think it is, then load up at current levels, and continue to average down untill the explosion.

News or no news, BCMD up on Monday if only based on that Uheem clerical error in Swiss gold activity. Boo, and I got stop out at half my premium on 335 feb gold. Well time to pick up some 320's and 325's

Thanks Dug



To: Roebear who wrote (1219)11/15/1997 3:17:00 PM
From: D.McQ  Read Replies (4) | Respond to of 4571
 
Roebear: The mining sector and particularly the penny stocks are my home turf...I have made a lot of money in both of these sectors...

I don't need to sell....and I have been buying at the dips.....but I have been here before with many stocks.....I know for a fact that a lot of people haven't the experience I have simply because of the makeup of our current Stock market and from e-mails I have received.

Just like all stocks, pennies and mining's stock react to certain things certain ways.....and unless you know how to read them you can get in trouble.... They are in their own little world and are not as affected by the POG etc. as many people might think or expect .... As I keep saying BCMD is still in the penny stock, junior mining sector... for the time being they can and will act like it...

All I have been doing here is letting people know what to look for....A heads up so to speak.....I may not always be right but there are things to look for. I am trying to give everyone both sides of the picture so they can make their own decision......

No...I am not saying I am selling out and everyone else should too. But in all stock sectors there are certain things companies can do to help their shareholders. If you never get burned by a stock you gain confidence in management...Confidence in turn means you will hold on to your stock and everyone benefits.....No one likes a roller coaster ride....not when you are losing money because you don't know what to expect from a company.....

I am not posting anything here that the experienced traders don't already know.

I am only specifically saying Monday because that is so important a day for the week.....I was hoping for news last Monday too....It didn't come and I sweated it out. Look what happened last Tuesday. BCMD came very close to going down hard. .... We hit a support and it held. ..... I and many others saw it bottom and knew we were going to hold. We tested that support again and again last week........but if we keep testing it as hard as we are it will not continue to hold....

I have been very vocal here and on IRC, that contrary to many peoples opinions these kinds of stocks are not as unpredictable as some people think they are........You can learn to read and understand what triggers certain things etc.....

Last Monday I was expecting BCMD to take advantage of our upward momentum and feed it....They didn't.....Now silence on their part is feeding our downtrend....... BCMD's stock is acting like normal for a penny stock and a mining stock....they will hold for a short time and you can see which way it is leaning. If a company is smart and in touch with the market they can and will make the right decisions which will lead to a successful stock that everyone wants to stick with because it doesn't turn around and bite them.....

MSFT is one of the best examples I can give of this They are very much in touch with the market and their shareholders have benefitted from this....There are a lot of companies that have very solid balance sheets etc but have never attained or maintained the heights this stock has, through thick and thin....

I don't know if BCMD is listening.....I have been very vocal to them for several weeks now..... If they are the kind of company I am hoping they are, they will respond to us their shareholders.....

Whether they do or not it is important for people to learn how to be successful in this sector. You need to learn how to read it a stock and make knowledgeable decisions....and that in turn will give you confidence....

If BCMD is to be successful in pulling out of the Penny stock sector they need us to have confidence in them....That will allow both the company and us to benefit.

Darlene