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.

Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: genejockey who wrote (17762)	3/6/1999 9:48:00 AM
From: John M. Allen	Respond to of 122087

Not everyone dislikes shorters: (DISREGARD THE PICKS !) Perspectives Weekend Edition - Mar 5 Date: Fri, 05 Mar 1999 23:09:18 -0700 From: Perspectives <perspectives@sprint.ca> To: (Recipient list suppressed) Perspectives Weekend Edition - Mar 5 Commentary A popular excuse for promoters with a weak deal is to claim that the shorters are hitting their stock. Can't move the stock higher because of those damn shorters; shorting shouldn't be allowed. A popular rallying call for the promoter is to announce a short squeeze. We're going to run the stock higher so that all the short sellers have to cover, and that it will make it go even higher. What a country. The truth is, shorters don't make good stocks go down, and they don't cause stocks to head higher when they all move in to cover their positions. The stock market is extremely efficient. It moves up and down as the market receives and interprets information about the future earnings potential of the corporaton. What short sellers do is smooth out price moves. When stocks get overextended on psychological euphoria, smart investors, who realize the price discrepancy, short the stock, slowing the upside move. And when reality sets in and stock owners hit the panic button, all running for the exit door at once, the short sellers are the only ones around to buy the stock back and make the downside move smoother and less severe. To be a successful trader, you have to short stocks as well as buy. And don't complain about short sellers killing your stock when the upside move slows down. They are only keeping the market efficient. Enough Said. OTC BB Vancouver Stock Exchange Mercury Scheduling Systems (MRY) mercury.bc.ca - slow and steady, the MRY is at a new high again this week. Looks very good if you own, as it will likely go higher in the near term. Downside risk is significant if something goes wrong, so buying in here is risky. GMD Resources (GMD) gmd-res.com - hopefully some of you looked into this stock after we put an alert on it last weekend. Up $0.11 to $0.48 over the week, and has potential to continue. Good if you own it, risky entering here if you missed it. Oriole Systems (OOL) dyadsys.ca - Our comments last week on OOL was that it looked like it could go lower near term as the market activity was indicating a growing sense of pessimism. Market activity never lies, OOL headed lower this week. Could see a bit more downside still. Donner Minerals (DML) donner-resources.com - We highlighted this stock for our subscribers a couple of weeks ago and have watched it move higher quite steadily. Strong week, the DML looks good for those that own it although common sense would indicate it needs to take a bit of a break soon. Argentina Gold (ARP) argentinagold.com Rumor on the street is that another major is looking to join Barrick as an investor. Market seems to be giving some credibility to the rumor as we have seen the stock move higher over the last week or so. Price expectation for an investment in ARP is $6 or $7 a share. Pan Asia Minerals (PAR) We have been watching PAR for a couple of weeks now and continue to believe that it has good potential to make a move higher. Worth looking at. Alberta Stock Exchange Applied Gaming Solutions (AGC) ags.ca AGC should start to heat up again soon as they are expected to start printing lottery tickets on their Vietnam contract soon. Very good revenue expectations on this deal. We expect there will be strong flow of news in the near term, which should drive the stock. Worth checking out. Bridges Initiatives bridges.com We told you last week that this stock had good potential to move higher. Guess what? It did. Not a bad idea to take some loot off the table on this one, although we have not seen the signs of a breakdown yet. Marum Resources (MMU) marumresources.com Something going on at MMU, but I have no idea what. Don't really care too much, the stock looks like it has good potential to move higher in the near term. Subscribing: Our Weekend Edition is available for free. Anyone who wishes to receive the Weekend Edition can simply send a subscription request to perspectives@shaw.wave.ca Removal: To be removed from the Perspectives newsletter, please send an email with remove in the subject heading and your email address(es) in the body of the message. Our Daily Edition will be by subscription only, with the following cost: 2 week trial - free One year email subscription - US$100, Can$125 send requests to perspectives@shaw.wave.ca Cheques should be mailed to: per Spec tives 1919B - 4th Street S.W. Suite 167 Calgary, AB T2S 1W4 At no time will Daily Edition subscribers see "promotional write ups". We'll leave that to the promoters and financial institutions. _________________________________ Disseminating our comments: Comments from our Weekend Edition can be shared anywhere anytime, so long as the following is appended to the comment: "Provided by the Perspectives newsletter, samples available from perspectives@shaw.wave.ca." Comments from the Daily Edition can not be shared with anyone. For subscribers only.