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


To: chris who wrote (845)10/15/1998 5:33:00 PM
From: Peter Neidhardt  Read Replies (1) | Respond to of 4467
 
"TVX lost a court ruling in Greece that will cost them between $200,000,000 and $250,000,000. What affect do you think this will have on there share price. I am still short on this one. Whatta think, is it chump change?"

I don't think you're right. TVX was given an 88% concession to the properties as opposed to the whole thing. Completely oversold. Buyers seriousily over-reacting and not fully understanding the ruling and its effect.