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


To: Kevin Hamlin who wrote (744)2/15/1999 5:32:00 PM
From: keith massey  Read Replies (1) | Respond to of 2259
 
Kevin

For everyone on this thread that is already in JFM and long I hope this is the bottom. I would love to ride this stock off the bottom. The only flaw I can see in your analysis is that you assume that the selling coming from the three house was probably fund managers wanting out and offering shares at fire sales prices.

Just to play devils advocate...what if these three house were going short on the news expecting the price to head far lower. I'm not saying they are but it is another mind frame to think in.

Best Regards
KEITH



To: Kevin Hamlin who wrote (744)2/15/1999 5:36:00 PM
From: VisionsOfSugarplums  Read Replies (1) | Respond to of 2259
 
Do you think the fact that Nasdaq was closed had any impact today since this stock trades on Nasdaq too? It traded in relatively narrow range today. I've been looking for a point to get in and had a bid in today but didn't get hit. I didn't chase it because I thought some more selling pressure might come from retail on the Nas. Just don't know.

Regards, t.



To: Kevin Hamlin who wrote (744)2/16/1999 1:25:00 PM
From: DaveU  Read Replies (3) | Respond to of 2259
 
Kevin
Nice call on JFM. Reading your post last night and was ready to jump in. Forgot about it this morning and it had gone without me.Really appreciate the time you take to explain the rational behind a decision like that. Any forecast to what will happen to the market with the budget delivery (tomorrow). I've only been active in trading for the last 2-3 months and everything is yet to be experienced. Thanks Again (Ward included) for your time and willingness to share.....DaveU from Vancouver where the sun never shines!