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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: Silvio who wrote (109)2/24/1998 3:23:00 PM
From: Bill Wexler  Read Replies (1) | Respond to of 4634
 
I took a look at BLDPF.

Very tasty. Yet another WORLD-CHANGING-TECHNOLOGY-OF-THE-FUTURE, and a lot of investors who are paying for (maybe...possibly) earnings which could be a decade off.

Canadian stocks generally scare me (long and short). I want to watch this one for another month or so. If it starts to go parabolic on rumor (like ATHM) I may dive in quickly.



To: Silvio who wrote (109)3/14/1998 1:54:00 AM
From: Bill Wexler  Read Replies (1) | Respond to of 4634
 
Take a look at BLDPF again.

Check out my reply #120.

I noticed that the recent high-speed runup was stopped in its tracks today when very large blocks were unloaded on the suckers.

The stock could continue higher of course - but its obvious there's a lot more float out there after today...so it may be a bit safer to short based on valuation.

Naturally, the current price is unsustainable over the long term. But you may be Yahooed - so go easy on the margin while waiting for the collapse.