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Gold/Mining/Energy : Winspear Resources -- Ignore unavailable to you. Want to Upgrade?


To: Rocket Red who wrote (9589)11/19/1998 9:18:00 PM
From: whiskeyjack  Read Replies (2) | Respond to of 26850
 
So Red, what do you think of turton and the moose selling
last month for between 1.35 and 1.70? Then they cashed in
125K of warrants for common. If you were an insider and this
play as good as it is, wouldn't you keep all your common and
buck up for your 1.16 warrants instead of making a few nickles
on the spread? Hmmm.
wj



To: Rocket Red who wrote (9589)11/19/1998 10:28:00 PM
From: Steelguy  Read Replies (1) | Respond to of 26850
 
** ot **

yes Red....a kooooooky ride on BII but the writing was on the wall. I promised myself I would give it 11 minutes off the bell and sell her......I got out at 3.34.......I then was in for the bounce back up after the selloff but missed first time around......I then moved my bid up to 2.66 but the stock was hovering around 2.96 or so.......It would not break $3.00 again so I bailed on the bid and took it out.....did not want to hold overnight tonight.....YIKES did she come down!!! plowed through where my bid was and look where she ended up.
I actually took the cash from my bid on BII and scooped some more ACA....Frank gave me the heads up on ACA last month and I am QUITE pleased with the result so far.....Adding today because of the pop in price and renewed interest. Looks very good .
My thoughts on BII tomorrow are that if she opens up on a gap down first thing you want to be buying after the first 3 minutes of panic selling....I think she will test $2.00 and rock back up for a close over $2.60 . I will most likely play.

sorry for the long off topic post but I think many on this thread were playing with BII today anyway.

STill feeling great about Winspear but I am out of most of my trading position. I still have the core that is in the old RRSP which some day is supposed to let me stop selling steel and start trading for a living with you guys.... :o))))))))))))))

sg