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Gold/Mining/Energy : Winspear Resources -- Ignore unavailable to you. Want to Upgrade?


To: bill who wrote (5346)3/5/1998 9:11:00 PM
From: Surething  Respond to of 26850
 
bill, if you were a market maker, and you knew that a major newsletter writer had issued a sell recommendation on your stock, would you not back it off to gather in as much cheap stock as possible.

There is a saying: "why reward the sellers?"

As we have all witnessed in the past, when Winspear moves it moves strongly in either direction.

I believe the direction will change again soon.

best wishes

Surething



To: bill who wrote (5346)3/5/1998 10:06:00 PM
From: The Fix  Respond to of 26850
 
Bill....You Said.....



Today's trading has made clear that the market has discounted WSP's
belief that they will find anything signficant. Yet, people I know
who have been involved in the action for a long time don't feel
that way. There just seems to have developed a negative crowd psychology.


It's the herd mentality and the herd always gets slaughtered! The followers always lose out and the leaders set the ground for profits. Surething is correct when he says that this a a powerful stock when it moves either directions.

P.S......Nice flip on your oil and gas play. I got out of all Oil and Gas plays after Sadamn smoked the piece pipe with the U.N.

Fixer....Will be pickin up more in the a.m. at the bell.