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To: Ed Pakstas who wrote (383)1/1/1998 5:30:00 PM
From: Ward Nicholson  Read Replies (1) | Respond to of 783
 
Thanks Ed!

Small note...I have three picks on the board from
early December and I am still bullish on all three
(for the time being).

SPQ:ASE
GHE:VSE
CYJ:VSE

Judging by the charts I am most bullish on SPQ (bought
at 0.10 sold at 0.145, bought again at 0.11 and currently
am waiting for a more dynamic move to the upside in January).
Aside from any fundamental problems with this company, there
are a lot of buyers out there and SPQ is primed to make it's
usual move north during the first three months of the year.
Even at 0.13 or 0.14 I think the risk:reward is good.

I'm second most bullish on GHE (my timing for its entry in
STOCK TRACKER was quite off, but I actually procrastinated and
ended up buying at 0.20...sometimes you get lucky). I have
visions of holding this for 2 years (yes, years) and selling
it > 2.00. These guys know how to cycle this stock. Over
the past 10 years they've cycled it no less than 4 times, typcially
from 0.40 or less to over 1.00 (over 2.00 during a good year).
However, being more a trader at heart, I'll probably end up selling
much sooner.

I am least bullish on CYJ simply because there seems to be a lot
of overhang on this stock in the mid 0.20s. I suppose someone
is trying to clean the float, but good. I keep watching to
see if these offers are pulled when someone starts to chew
on them. I never did get any of this one, I had all or none
orders to buy at 0.17/0.18 during the whole Xmas week, but
nobody was selling enough to have them filled.

Enough rambling...

Happy New Year!

WN



To: Ed Pakstas who wrote (383)1/1/1998 6:01:00 PM
From: Ed Pakstas  Respond to of 783
 
The following Picks are being deleted from the Tracker, due to lack of
movement in either direction for a 30 day period...If the picker
wishes to repost his pick at a later date, Please do so...ed

254 CCW --T 28/11/97 0.05 0.05 0.00 ---% 0.05 - O.15 chart.canada-stockwatch.com

365 GGY --A 28/12/97 0.18 0.18 0.00 ---% 0.15 - 0.40 chart.canada-stockwatch.com

254 GLI --T 28/11/97 0.13 0.13 -0.00 ---% 0.12 - 0.38 chart.canada-stockwatch.com grandmalee.com

352 TPX --V 22/12/97 0.26 0.26 -0.00 ---% 0.21 - 0.75 chart.canada-stockwatch.com sterlingpac.com