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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?


To: Kevin Hamlin who wrote (917)12/8/1998 12:50:00 AM
From: keith massey  Read Replies (1) | Respond to of 62348
 
but I'm sure lots had the same idea in the .40's, .30's, .20's

I agree that this stock is the bottom of the barrel and the fundamental look brutal. If they didn't the stock wouldn't be selling for .15. However when the stock dropped in the .40-.20's the volume didn't pick up. The chart tells the whole story on this one. Since the stock is relatively risky I would only consider picking some of this stock up if it was dumped on high volume and would get out of the first bounce up. I still don't think a bottom has been reached but will be watching close. With the number of shares out we probably need a million plus day to indicate a bottom.

Best Regards
KEITH