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Gold/Mining/Energy : GEAC.....Canadian best kept secret -- Ignore unavailable to you. Want to Upgrade?


To: Tom W. who wrote (404)7/20/1998 11:05:00 AM
From: micromike  Read Replies (1) | Respond to of 1571
 
Sure looks like there is a large buyer at $37. The volume goes crazy when the price drops to $37. I still can't believe how the market is hammering Geac considering it has major cash for a future acquasitions and their past track record proves that they can grow by acquiring.
I sure hope the big boys don't dry up before the sellers do.

IMHO HUM is getting hammered because there is a large number of shorts involved in the stock. If they post good EPS this Q which tells me that they are growing and the price doesn't reflect this then you could be right about the US listing. Maybe you have to be a US company to get any respect in these strange market conditions.

JMHO
Mike