Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: John Paquet who wrote (11772)	1/13/1999 2:59:00 AM
From: John Paquet	Read Replies (1) \| Respond to of 26850

To ALL; What an interesting thread it is our WSP!!!! WaWAwawaWAWAW!!!! So Many postings in just few hours and so many posters. Amazing interests from all investors and traders. This tells me there are lots CD$$$$$$$$$$$$$$$$$$$$ to be made. Having said that; I would like to describe briefly our wsp market behavior today. It opened with scary downward @3.50 that enough to closed the gap indicating last week december bullish rally was a faked one cuz that gap has been closed today. Ironically it opened and closed that gap immediately due to so many newsletter writers, media, negatively report of what happening this few days market activities and NR etc....It implies how bearish it is!!!! to say the least. And then she went to that $3.40 new low. Another bearish note. Then many short sellers noticed there was no enough volume so that they started their short-cover their positions by PROFITS TAKING. [nOTHING IS WRONG BY PROFITS TAKING ETC..} tHOSE WHO short at $4.65, $4.55 etc... and bought back at $3.50 - $3.65. If you look at the minutes chart you could where that short cover took place and find that large chunk of orders as both Gord and Andrew talked about. This indeed is a down trend phenomenum. After profit taking , our wsp wouwld move higher, then short sellers will sell again; or those who long did not sell [except our outright bullish boy Mr. TeeVee} they definitely will this time sell. It is better to sell at $3.85 than sell at $3.40 etc.... or much less in the future to come. Although our WSP closed @$3.77 an uptick, +02; but this uptick at closed only 300 shares $1200 deal. That $3.75 is an important to watch for the time being. I am kind of thinking it is hard to maintain at this level ddue to so many negatively reported and still no that CF results. We just have to wait and see. Watch that ticker closely and NR of CUZ. John Paquet