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Gold/Mining/Energy : ASHTON MINING OF CANADA (ACA) -- Ignore unavailable to you. Want to Upgrade?


To: Dobber D. who wrote (3822)2/9/1998 11:26:00 AM
From: Rick W.  Read Replies (1) | Respond to of 7966
 
I think as the stock drifts down or is allowed to drift down, the new market cap and valuation decreases. So..then one can buy at a lower price from those speculators who are disappointed, discouraged, trading only etc. Is this not the pattern? At what price to buy again is a guess but as it drifts some will be picking it up cheaper than last week if it breaks below that previous recent low around $4.45 This reduces your downside risk and increases your chances at profit (imho).The trade was there for GMD this morning for a similar opportunity.