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Gold/Mining/Energy : Abacus Minerals Corporation (V.AMC) -- Ignore unavailable to you. Want to Upgrade?

To: John Fairchild who wrote (124)	5/12/1998 10:25:00 AM
From: Mr.Staya	Read Replies (1) \| Respond to of 397

John, Yes it appears as though the institutional investors are gobbling this one up as small shares are sold to them..........it is recovering early already.... Regards

To: John Fairchild who wrote (124)	5/13/1998 1:13:00 AM
From: JAS	Respond to of 397

Yes... very interesting John. I wonder how many bought at .73-.77 when they were told "better get in". Let's see.. that 3000.00 they invested at .75 is now worth 2000.00 ...Of course all those that bought in the couple days before anything was posted got a fair profit and most, I am sure, were aware of the news coming and needed some volume in the .70's to get rid of some shares, because we all know there is a 90% chance "sell on news" happens here in VSE. When I see a group or someone mentioning a stock that is still near the bottom and the big gains have not already taken place and there is creditability in what they are saying... I take notice and do my DD. On the other hand, when I see someone doing a pick that has already had good gains and the day after drops like a rock on fairly good news.. BIG SUSPICIONS SET IN. These guys are soon found out. Someone had to be dumping as this was pushed, and these are the boys that care nothing about ripping off their best friend. A good way to test this is do a fake buy of 10,000 shares when recommended and see what happens over the next week or two. Test the group or guy out on a few picks. Watch what happens after these people talk about a certain stock. You can soon seperate the sheep from the goats. In this one... I think a few goats got rid of their shares on the backs of those that played along and may have believed in what was said. Luckily I stuck to my creed and tested things out first. Some, I am afraid to say, jumped in too early. Yes, I have no doubt there will be a recovery. I am just not sure if the smart money is here at .50 or back at .25 . I do like the chart, however, and the news is spice on the cake. Last May may be an indicator where this will end up.