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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Nicole Bourgault who wrote (4924)1/18/1999 6:32:00 PM
From: BoomBoom  Read Replies (3) | Respond to of 56535
 
Been lurking for the past month and feel its time to contribute.
I took a position in T.MCF at $1.10. MCF designs and creates web pages and sites for small and large companies. Sony Canada is one of its customers. Is restucturing, and want to become a force in e-commerce. Possibly taking off due to the rise in stocks such as TO.BII and TO.ATY. The CEO has been on a bit of a road show lately so that doesnt hurt. Volume is way up and it could gap up tomorrow. Resistance at $3.00 and $5.00. This might be a good day trade if we get the volume tomorrow but I will be out if its gets close to $3.00.

While I'm at it, have been following Winspear on Vancouver. Stock retraced waiting for results which came out Friday and are good. Winspear is up today 81 cents and has good momemtum. Winspear is trying to develope a diamond mine in Northern Canada and the hype driving the stock is based on the first samples taken which are said to be the richest ever taken in the history of diamond mining. Now there is hype for you. Thing is it might be true. Winspear has a thread on SI for those interested. I sold out waiting for the latest samples and am back in at $3.74.

Having a good day

P.Blumenschein