Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Eric Freeman who wrote (2976)	2/13/1998 12:09:00 PM
From: Roebear	Read Replies (1) \| Respond to of 4571

Eric, No doubt about it, you are winning this discussion so far. I have two or three points yet to counter. One, with BCMD previous poor record, prior to its October news, when it was just trying to stay alive and keep it's properties, it was indeed going on potential. I do not think its record was such that BCMD's potential was given a high valuation, the SEC filings are pretty plain and must have been at the time. It would seem to me that the very opposite is taking place right now, that the stock is trading on it's fears and anxieties, there is nothing CONCRETE driving the price down but a wall of worry. The exception is if there is bad news we do not know about. But I believe most of it has already been discounted, if not magnified, the bad weather, the $1 price requirement, the 490 oz mined. As you well know and admit, this could all be turned around very quickly. The charts are the second point. I am no TA expert, I am learning so educate me. I admit I see broken supports all over the place, etc. etc., but isn't there also a place where a sell off goes too far in a stock, and there is a rebound? Finally, through all your face the facts logic, still you are looking for a buy point somewhere on those charts. I am not saying you will hold it for more than a few days, but I am willing to bet you will buy BCMD some time. Best regards, and in my increasingly humble opinion<g> Roebear

To: Eric Freeman who wrote (2976)	2/13/1998 1:11:00 PM
From: Jurgen	Read Replies (1) \| Respond to of 4571

Hi Jeffrey, Eric, i wouldn't apply TA to this stock. Volume/Price are too low. I, as a relatively small investor, could move it on my own. So what is a trend analysis worth ? Fundamentals are the key in this case, the right news at the right time and this stocks doubles or is cut in half within minutes. i've been monitoring this thread for a while and traded BCMD several times. I've seen a lot of good fundamental analysis here. I hope you all get your money back soon :) regards five