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Gold/Mining/Energy : Position Trading in Canada -- Ignore unavailable to you. Want to Upgrade?


To: The Devil Dog who wrote (431)1/13/1999 9:36:00 PM
From: Kevin Hamlin  Read Replies (1) | Respond to of 2259
 
Regarding ATF on Vancouver:

The news release was yesterday and gave ATF a very short intraday burst, but then it came back down again. (Read on the Atf thread and you'll see me whining about it!). I've followed ATF closely for about 2 years now. Lots of good things in the works and a company with a good "likeable" story. They've even been refered to as the "Baby Ballard".

Personally I've always thought it should be trading much higher, but its never really made it there (yet) and held. ATF has been quite frustrtating for the long term investor so far, i.e., they're in a GOOD company that SHOULD be trading much higher. For the short-medium term trader though, ATF has been a VERY good on many occasions. As I've said, I've been in and out of ATF many times. Having said that I've traded it often though, I'm also quite confident that ATF will have it's day and the long term gang will be handsomely rewarded.

As for the momentum that is there right now, I find it very interesting. I wasn't expecting it at all today. The way it traded today makes me think there's more in the works (which apparently there is). The ATF gang has been waiting for some news for some time now. Someone noted that ATF seemed to have a habit of putting news out in bursts, so maybe there is more in the works....personally I don't know, other than what the trading shows me.

I bought today because all the indicators I use gave a definite green light, and I'm familiar with the trading patterns of the company. Will it move up from here over the next several days? I hope so!

Regards,

Kevin