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 : Position Trading in Canada -- Ignore unavailable to you. Want to Upgrade?

To: keith massey who wrote (586)	1/24/1999 8:19:00 AM
From: Kevin Hamlin	Respond to of 2259

Here's a little more information on MRY on Vancouver. I really find the buying intriguing and it's pretty clear there's definitely some VERY big accumulation going on! Here's the buying patterns for the past three months by the 4 most active houses: House November December January Total Nesbitt (12) +215,500 +593,000 +330,800 +1,139,300 Levesque(63) +158,048 +249,549 +148,400 +555,997 DS (82) +241,900 + 78,500 +114,400 +434,800 Sprott (73) +466,800 +252,400 -202,300 +516,900 That sale of Sprott in January is not what it looks to be. In fact, it was a 200,000 share cross over to McDermid (52) on January 19th. The other thing I really like about MRY right now is that EVERY indicator I am using is showing a buy signal. To the others here who are into tech signals, if you could run MRY through your own indicators, it would be very interesting to know what you come up with! Given the buying that has taken place recently, I would expect to see news coming either this week or the very beginning of next week. MRY has a lot in the works and recently landed a major British Airways contract. The rumour mill (for what it is worth) has it that a few more major contracts are being negotiated with other Tier 1 airline carriers. I would guess that these rumours may in fact turn out to be true, especially now that MRY has British Airways under their belt. I've been following MRY for quite a while now (over a year) and usually make a habit of holding a couple of different positions in it. Long term, I'm holding a position I took out at $1.01 with no intention of selling it for some time yet. I've also taken out a further position recently at $1.40 and very recently at $1.50. I'm still not sure whether I'll consider these purchases short term, or lump them in with the rest of the long term. Either way, given what I see with MRY, I expect to come out well ahead! Regards, Kevin

To: keith massey who wrote (586)	1/24/1999 9:25:00 AM
From: Greg R	Read Replies (2) \| Respond to of 2259

Keith re COS - The charts told me the stock was going down and far enough to make it worth the trade. I shorted the stock a little earlier than necessary on Jan 14 (https://www.siliconinvestor.com/readmsg.aspx?msgid=7288537). As for the buy back, I do expect it to be on Monday. My target has now become $5.45 The stock may go further, but I am not confident in that. I will be watching closely however as there could be a mistake in the accuracy of my drawings and be ready to buy back on the spur of the moment. As for the INPATHIQUE chart for COS it has been available on their public projections pages for two years. Check out: members.home.net Greg