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Gold/Mining/Energy : PYNG Technologies -- Ignore unavailable to you. Want to Upgrade?


To: Ward Nicholson who wrote (2438)6/10/1998 2:17:00 PM
From: Edward W. Richmond  Read Replies (1) | Respond to of 8117
 
Ward, it would appear that the stock does better on no news. Still bullish, however. Don't tip the glass quite yet.
Regards, Ed



To: Ward Nicholson who wrote (2438)6/10/1998 2:23:00 PM
From: Grant MacMillan  Respond to of 8117
 
Like many bulls I resisted getting excited about today, since the news was going to do either one of two things: Pull fence sitters off and into a buying mode, or confirm that there is a need for new investors to entice, which I think is now confirmed. I believe what we are seeing today are those investors who weren't planning on seeing this company through to it's eventual prosperity are, in fact, getting out believing that this is as good as it will get. Whether this leads the stock to the $3 level as you predict remains to be seen. But one thing that can now be agreed on, is that this company needs the support of large brokerage firms to go forward. The sales will help do that, but the need to be listed on a major exchange is now critical.

My opinion only. Still long on PYNG however.

GM