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Gold/Mining/Energy : Day trading in Canada -- Ignore unavailable to you. Want to Upgrade?


To: HiStakes who wrote (613)10/1/1998 3:01:00 PM
From: keith massey  Read Replies (1) | Respond to of 4467
 
Sold CM to soon ... it jumped another .55 after I sold it.

However I think I got a little lucky on that one any ways. I did some quick looking around trying to figure out why CM acted the way it did and found that CM owned 50 million shares of NCT which dropped $8.50 today. In other words CM lost $350 million today. It is not surprising that it dropped more than the other bank stocks. I guess with my stop-loss in place I couldn't have lost much but a little luck doesn't hurt.

Best Regards
KEITH