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Gold/Mining/Energy : Royal Oak-RYO -- Ignore unavailable to you. Want to Upgrade?


To: Bill Jackson who wrote (1352)9/21/1998 1:15:00 PM
From: Michael Bidder  Respond to of 1706
 
Not so Bill!

<<This rally with no apparent reason from .60 to $1.13 can only be explained by good news in pipeline from kemiss. >>

Remember Pegasus was de-listed and then rallied from $0.11 cents to $1.10 US!! On no news! Manipulation is a powerful force in the stock market. Pegasus is fairly valued at $0.01 now.

I am sure the company will trump up some nonsense to give credence to this rally but I wouldn't hold to much stock in it Bill.

You and other longs took a horrible beating as Royal plummeted %60 and you lost the majority of your investment.

I had warned you. Now I urge you again, take the opportunity to Bail. Don't repeat your mistake Bill! This may be the last chance.

Michael Bidder.....Strong Sell Recommendation!