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Gold/Mining/Energy : Winspear Resources -- Ignore unavailable to you. Want to Upgrade?


To: average joe who wrote (15371)3/2/1999 2:37:00 AM
From: John Paquet  Respond to of 26850
 
Hi! AJ;

I did put my short sell orders in But it did not get filled some where near $3.47-$3.50 area. Maybe tomorrow morning or else I might lose big chance.

Our WSP indeed is a bear market, it went down from that $4.85 to recent low of $2.56 and correction to $3.70 right now at $3.44.

I do not expect any good news or NR will be coming, I do expect that 5 million shares will out very soon.

Lte just have a case study, this few days market trading was so boring, no volume at all only around 120,00 to 150,000 a day. Before it always 350,000 to 450,000 a day, volume decreases substantially, as a results of investors or traders lost confidence in this play as wsp unable to clearfy that market major concerns, CF results and that Bulk samples results.

Market see through that wsp could not get better results than 1997, I doubt wsp would get any better than 1998.

That is why wsp is in bear market, she has only one way to go. THat is South.

As I am a short term trader I would like to catch each intermediate profits.

As I said I am ever ready to short sell more lots more as prices are looking good again.

For long term that less $1.00 is indeed very possible, after all she did move up from that .43 to that hi of $4.85.

It has lots room to go down that is for sure.

I argree with your jugement or critical thinking 100% . As it is unlikely our wsp could get anything that would ssurprise us, any NR would bang down the prices as wsp still too hi from that .43 to $3.44.

After I short sell this run, I shall see it will went down below that $3.00 than that $2.56 and keep going down to that $1.00 below very soon less than 4-5 moths time frame.

This time I will stay like you home run type.

Few reviews are highly recommended, too.

JUst click here #reply-7871652

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As long term investor, one should investigate everything before one can be sure for a long term play or else it carries tremenduos risks, the greatest risks for ever.

John Paquet