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


To: James Berg who wrote (1728)3/31/1998 2:32:00 AM
From: WHL  Respond to of 25548
 
Nice double bottom forming in MDIN's stochastics also. That chart seems to say that we're probably in for a couple more days of weakness. (That's why I didn't load up any further today, in case you're wondering). Then however the chart seems likely to turn bullish- very bullish. Funny- that's the same approx. time that the news is likely to turn bullish also. And neither we nor the shorts will be able to find a float to buy stock from. Uh, oh. Too bad. If anyone's gonna wanna buy, they're gonna hafta pay through the nose. Only MO, of course.



To: James Berg who wrote (1728)3/31/1998 7:49:00 AM
From: KMT  Read Replies (2) | Respond to of 25548
 
James:

That's some serious accumulation for an issue that only has approximately 8MM shares in the free trading float.

(WHL - Spoke with our friend from the Northwest yesterday. There's nothing left as far as I can tell. Don't know what you're buying but whatever it is, I'll be buying some of it too. ;-))

Cheers,

KMT

P.S. Can you say 3m, and 3m more, and maybe even 3m more. (WOW)



To: James Berg who wrote (1728)3/31/1998 11:53:00 AM
From: windwalker  Read Replies (2) | Respond to of 25548
 
15 million???your numbers don't seem right to me. Given yesterdays performance, it would take very little indeed to make the stock react.
If I had 15 million I would run the price up on low volume sell off a big whack, and let it fall again. Like most others a small position would be at the mercy of press releases and MMs. Rest assured that the run will come soon, and look to flip and double your position.

If the MMs are involved, why not take advantage of it. No one can predict the top but the charts will give you a hint. Being greedy will see you caught again, and locked into a downward spiral. Dont forget the 50% retracement that always take place after a big run up. The opportunity is coming.....

Good luck... WW