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


To: Ward Nicholson who wrote (493)1/21/1999 8:06:00 AM
From: Bill Rinker  Read Replies (2) | Respond to of 2259
 
Re PRX

Been watching it since you mentioned in late Dec.

Just some thoughts.
It probably was subjected to tax loss selling in Dec.
Mid Jan. was on list of stocks to be added to TSE 300,(I believe
Feb 19 was the date for that). That would mean index fund buying.
Since the announcement about index, it has basicly gone downward.
Possibly fund managers have been pushing it down prior to
them adding to their portfolio?
Yesterday it hit a low of 1.35, and then rebounded to 1.43.

Any insights?

BR