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


To: QuietWon who wrote (646)1/30/1999 2:33:00 PM
From: triplehrw  Read Replies (1) | Respond to of 2259
 
In Canada we have to really watch ourselves.
I've noticed that often a stock is recommended by say
the papers-National Post--Globe and Mail and other
sources I use--Stock Trends--buy Low sell High that
during slow times and when not much activity the
recommended stock--rises for a day-maybe a few hours
then drops on selling pressures. I believe in Canada
that the brokers who also buy these pubs and read them--
actually use their resources to go short and take our
money the easy way.
What excites me is when the Stupid idiots get caught
like there is so much upwards momentum that the stock
takes a good rise.
The reason I call these guys stupid is that if they would use their resourses to actually promote a stocks rise rather that take an easy profit we all would see an economic expansion --not like the US expansion but better than we have now. Too few brokeage brokers who invest large mutual funds really help many Canadian companies they tend to be very narrow minded.

Now that thats off my chest.

Really believe MCF--Microforum will gain great ground this week. The tail about its CEO is typical of what I speak of above IN MY OPINION.
The TSE governing gods passed the guy "MCF's CEO" and we know these gods are conservative and most careful now after BRE-X so I feel he has been hard working and the company is growing and we will win as stockholders.

I was able to catch the dead cat bounce on Beamscope--BSP---This is also a great company and I hope its share price returns to a decent value.

Lets see some Gains this week that will make us all happy.