SI
SI
discoversearch

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 : Safe Environment (SFU.AL) - was Roper Resources -- Ignore unavailable to you. Want to Upgrade?


To: DR. who wrote (380)8/9/1998 4:28:00 PM
From: Molson's Dad  Read Replies (1) | Respond to of 635
 
Bravo DR for telling it like it is. It's hard to believe that anyone can bash a stock that has under gone 2 months of ASE scrutiny and then been cleared. The decline in the stock price comes from the uneducated player in the Canadian stock market who thinks that if the stock is halted then that must be bad. NO ! Quite the contrary. While the halt is an inconvenience, the fact that it was reinstated (and I'm told by people in the know that 8 weeks is nothing short of a miracle) is a rubber stamp of the company's plan.

I've said it before and I'll say it again, I don't care where the stock price is today, I'll look at it again at the end of the year. Bet it's way up then, say like $ 5.00.

Here is the market depth at the close on Friday, as shown by Canada Stockwatch. Looking at the strength of the bids, I's say the decline is over.

Bid

Broker #Sh Price
068 068 7,500 0.21
082 DS 10,000 0.20
068 068 10,000 0.18
006 Green Line 6,000 0.18
009 Nesbitt 100,000 0.18
035 Canaccord 11,000 0.175
035 Canaccord 10,000 0.17
068 068 10,000 0.17
006 Green Line 4,000 0.17
035 Canaccord 12,000 0.165



To: DR. who wrote (380)8/11/1998 7:19:00 PM
From: Jim Bishop  Respond to of 635
 
<Whilst you are all doing this maybe the management are just getting on with running their business, with the knowledge that frankly, whatever is said on SI in the scheme of things really dosn't matter!, if they even know what SI is!! >

I used to agree with this, and still do to some extent, but have also found that, at least with some companies, SI can have some pretty big short term effects.

Here's a relatively new thread you should check out:

Subject 22286