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Gold/Mining/Energy : Caussa Capital (formerly Antares) T.CAU -- Ignore unavailable to you. Want to Upgrade?


To: cruncher who wrote (1725)12/4/1997 5:01:00 PM
From: Gene Veinotte  Respond to of 4718
 
When you look at the trading pattern of this stock it is clear that 'they' are accumulating before news. Volumes go up and peak after the news. Distribution. Of course we will hear only after the move.

At some point, hopefully, good news will be enough to propel the stock to higher levels

There is nothing wrong in holding for the longer term. It just looks like many are not doing this.

This suggests to me that we are headed lower in the short term going into the holiday season. How low is anyone's guess. Mid .30's perhaps, who knows!

JMO.

Gene

BTW, I know not who 'they' are.