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Gold/Mining/Energy : Yamana Resources INC. T- YRI -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Oil who wrote (1815)12/5/1998 8:54:00 PM
From: G  Respond to of 2346
 
i understand what u saying, but there has been a tonne of stock available all week...
i think the bond holders are converting and dont really care that much about the future stock price just here to make a nice flip...
i think they converted at .55 cents US, got there interest payments and now look to make another 50% ROI from the stock..
IMO that block of stock will only disappear if someone buys it all, no matter how bad or good drill results are.
g



To: Mr. Oil who wrote (1815)12/6/1998 1:48:00 AM
From: Yorikke  Read Replies (1) | Respond to of 2346
 
Ray,

If there is good news coming then the market already knows and has factored that in. The release will drag in the suckers and the greedy boys and then the shorters will cut their throats like lambs to the slaughter, and the stock price will drift back down. Happens every time.

In my opinion any value increase in this stock is primarily do to a revival (if you can call it that) in the general junior market. Trying to call day to day market action on this one is like trying to tell which rain drops get you wet. The best you can say is its the ones that hit you.

regards,

mnmuench