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Gold/Mining/Energy : MIRAMAR MINING (MNG) -- Ignore unavailable to you. Want to Upgrade?


To: dwight vickers who wrote (165)11/21/1997 6:35:00 AM
From: jim watsonRead Replies (2) | Respond to of 457
 
I think it is time for 3rd quarter results, but this must be over-reaction. How could you justify a market cap that is nearly equal to the companies cash holdings?!



To: dwight vickers who wrote (165)11/21/1997 9:36:00 AM
From: Bucky KattRead Replies (1) | Respond to of 457
 
DV-- It is the greater fool theory with some of the overhype of the cheap stocks.
I had one just go from .20 to 2.50, in less than a month. That was not anything but luck. The market has stopped making sense, that's for sure. So, I can buy maenf with those .20 shares.
I think the selling is from a fund, and they have to unload. I'm certainly not buying someone's profit. Why else would someone sell?
Also, if you have general market thoughts about anything, I started this thread>>http://www.exchange2000.com/~wsapi/investor/Subject-17884