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


To: Tai Jin who wrote (3000)2/14/1998 8:44:00 AM
From: Roebear  Read Replies (1) | Respond to of 4571
 
Tai Jin,
I believe TA is a means to an end, not an end in itself. I believe Jeffery's post just a few posts back is a masterful example of how TA helps explain the market, helps one understand why the price is going up or down. While a penny stock is more easily moved, the explanations are as easily seen.
As for delisting, 2/23 is not the end of the world. There are ninety days after that and I remember how difficult it was at times to buy this stock for 1 or 1 1/8. Can't happen anymore? Just because all the little stock holders are getting scared out?
Remember that wall of worry? That 2/23 makes one Great Wall of Worry! A very USEFUL wall I believe. This stock has been run up and down a number of times whether it is market manipulators or stockholder psychology it doesn't matter much. What matters, is it does RUN!
I think in my opinion what has happened with BCMD has been pretty well explained in various posts and what will happen with BCMD is pretty obvious from the conference call (see Nets post on Yahoo around 1940's for transcript) and some posts.
IMHO, hang in there and enjoy the ride<G>

I'm outta here for a few days, everybody have a grand weekend!

Roebear



To: Tai Jin who wrote (3000)2/14/1998 3:17:00 PM
From: Ryan Weisman  Respond to of 4571
 
Tai and all,
Delisiting is a possibility, but I beg you all to keep in mind that, even if there was a delisting, the stock still exists and can be traded. The price of it will of course collapse, but this is a MINING COMPANY, this isn't VLNT where their technology became obsolete and unmarketable. IF BCMD pulls up a mother lode, and I am not saying they will, the company and the stock will be valuable and guess what, relisting can and will occur. I think a lot of traders, shareholders, market players have little knowledge of business plans, economies, commodities, or any financial or mathematical backround to discuss a company in such a simple business. Brush Creek will not be bankrupt if their share price collapses. They will still have millions of dollars and a sound mining team to perform their work.

Let me make this story simple. GOLD=VALUE, DIAMONDS=VALUE, ROCK/=VALUE.

As to your talk of insider buying...well, yeah, that would be comforting now wouldn't it!

PEACE, RYAN