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Gold/Mining/Energy : Maracote International Resources (VSE: MCE) -- Ignore unavailable to you. Want to Upgrade?


To: Baba 2 who wrote (4)12/2/1998 2:30:00 PM
From: chevalier  Respond to of 339
 
obviously the HRA did nothing for the stock price. I find their readings informative, however they bring very little buying into their picks. Fortunately they are not alone in this area as most of the popular resource related newsletter writers do very little for the price of the stocks that they mention. This in itself is probably a classic contrarian sign that the market has bottomed.
The longer that this play continues to churn out stock at $0.60, the easier it is going to be for it to rise in price. Tax selling only has a couple of weeks left to it and then I suspect that movement will begin to occur on this front.



To: Baba 2 who wrote (4)12/10/1998 8:07:00 PM
From: chevalier  Read Replies (1) | Respond to of 339
 
Could todays trading be an indication of what is coming in the coming months?