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Gold/Mining/Energy : Medinah Mining Inc. (MDHM) -- Ignore unavailable to you. Want to Upgrade?


To: KMT who wrote (1073)2/13/1998 3:43:00 PM
From: WHL  Read Replies (2) | Respond to of 25548
 
KMT:
Resistance on this stock is at $.27 at present. If we can break that we will be off to the races for at least a 50% gain in a day or two and then we will establishing a new (but temporary) higher resistance level (probably up 100% or so from current levels). There really is no reason that this stock should slow down its progress at any particular level until we hit the trading high of last summer which was $2.20 or so. We may very well take that out when we get there, too. But it will be likely to be at least a temporary barrier to our upward move.

Go to cbs.marketwatch.com

Then punch in MDIN-bb for the ticker and 1 year for the duration-
and check out the pretty chart (with reversal of downtrend firmly in process).


Does this sound like hype? I hope not. It's just what the chart says to me as a TA type person. Ask Juanita, too- she's our other chartist. I'd be interested in what she says.



To: KMT who wrote (1073)2/14/1998 9:02:00 AM
From: J. Nelson  Read Replies (1) | Respond to of 25548
 
KMT: Not much on TA in my system, Oh But! a very IMPORTANT QUESTION TO "ALL" WHO READ!

QUESTION: HOW CAN A STOCK TRADE 12,184,700 SHARES FROM .17 TO .28 IN 10 TRADE DAYS?

ANSWER: If the volume is all matched trades (and I think not! all the time) there would
only be 1/2 of that as true swaps, or 6,092,350 Well that's a good answer. "BUT"

QUESTION: Supply & Demand, Well that's a device of inventory right, not allways as there
is such a thing as selling stock that is on loan. Some even sell stock that is not even
on loan. My Question has to do with a promise to give back the stock and at a time when
your asked to. So what happens when someone holds a little too long?

ANSWER: you get action on a issue just like this one, take a look at the volume and price
jump in "GOTK" over the past week!

QUESTION: In Jan 98' yup this year we had volume of 12,363,100 Price range .09 to .175 so in
the past (Jan had 20 trade days) 30 days we have a total of 24,547,800 shares from .09 to .28
with 1/2 of that true as they say volume = 12,273,900 just how many shares are there in this
pup anyway? FYI, if you wish to add DEC. in it will make the total = 31,317,400 in a total of
51 trade days and the range of price is .09 to .35 So who is on first base here and what's
on second? Please help me understand what is going on whith a 8 million float max!