Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : ASHTON MINING OF CANADA (ACA) -- Ignore unavailable to you. Want to Upgrade?

To: grief who wrote (5602)	7/10/1998 7:24:00 PM
From: JP	Respond to of 7966

<<In the past, a run up of the stock price prior to a NR was common place, now it seems this pending NR is having no such effect. Is this good or bad news?>> Because of the pulse of the market in general - this can be considered irrelevant - IN MY OPINION. You are new so please remember that there is no such animal as an expert on the stock market. There are lots that claim to be - but they still have day jobs to pay the bills. JP

To: grief who wrote (5602)	7/11/1998 12:56:00 PM
From: YC98	Respond to of 7966

<<Have not gotten into the fray as of yet (ACA that is)...seems to me that I am making a mistake by not plunging in at the almost 52 week low.>> A 52 wk low doesn't mean the stock would not go lower or higher .....usually there is some resistance around the 52 wk low and it will break out one way or the other. Right now the 50 DMA is acting as a major resistance line for ACA. Unless it breaks out in heavy vol. the trend is still DOWN. <<<In the past, a run up of the stock price prior to a NR was common place, now it seems this pending NR is having no such effect. Is this good or bad news?>>> Can't be good. But this is typical in a weak sector. Even if the NR is favourable the run up will be short live. my 2 cents,YC