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Gold/Mining/Energy : T.ITE: iTech Capital (TSE) -- Ignore unavailable to you. Want to Upgrade?


To: Nathan Hansen who wrote (150)3/12/1999 10:35:00 AM
From: keith massey  Read Replies (1) | Respond to of 5053
 
Nathan,

The 100,000 block sitting at .55 sure scared away investors during the last 6 months. In addition, the blocks at .65 and .75 last month also did a good job at keeping the price down. I must admit that I also don't like to see large offers on the depth. Your never sure if it is the MM playing games with you or someone on the inside knows something that you don't. Since the last three blocks were taken out I am assuming that these blocks are just games being played. There is some good support (67,000 shares) at .68-.70. In addition, this stock will now be on more peoples watch lists after yesterdays move and hitting a 52 week high. I'm going out on a limb and saying that the high .60's is the new support level until we get some good news.

Canaccord's coffee news isn't posted yet but I'm sure they talked up the stock. I'll posted the report when it comes out later today.

Best Regards
KEITH