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To: Abbeydale who wrote (1726)11/26/1998 1:21:00 PM
From: the Chief  Read Replies (2) | Respond to of 37507
 
Hi Abbeydale. No I think its more like the strength of the buying between houses...I don't think the tick will matter. If the US selling pressure is higher than the continued Canuck buying pressure than we will correct down. .....However, since that post, another thing has occurred. The stock is now near the $3.50 that even the most expensive buyer bought in at!!! So the scenario now looks like, if we can maintain $3.40-$3.50, then everybody is at break even or up!! The only people out of the money is any shorts. So tomorrow may see shorts covering driving the stock up!

In short (pun intended) if the Canuck houses can keep the buying pressure up tomorrow US shorts will have to cover....if there are any!!

Just another dumb theory!!!

the Chief