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


To: Eric Freeman who wrote (2739)1/26/1998 4:32:00 PM
From: Roebear  Respond to of 4571
 
Eric,
Fair enough; I appreciate your reasoning and reply.
Best regards,
Roebear



To: Eric Freeman who wrote (2739)1/27/1998 11:46:00 AM
From: Roebear  Read Replies (1) | Respond to of 4571
 
Eric, like Gary said before, I believe your 5/8 is too low a buy point. If you have watched the stock lately it definitely has support at 3/4 and just above. This goes back to the big candle in October and has been confirmed as support twice at least. But if it breaks 3/4 support for any depth and length of time, this does not bode well for the stock.
Best I can figure is the stock is being held down by bargain hunters and market makers positioning for the next run in this stock. If this is the case I believe BCMD's next rise may commence with a news announcement from the pillars/virgin areas late this week, early next. Also, there may be an announcement about the JV around the 1st of February.
This is all in my most humble opinion, but it is honest, up front and by next weekend we'll know how well I figure in any case.
Interested in what your balanced view is.
Good luck,

Roebear