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


To: Tom Cat who wrote (16575)3/24/1999 5:29:00 PM
From: Wilse  Read Replies (2) | Respond to of 26850
 
I truly hope there is substance to this rumour however, IMHO if there is no substance to this activity it only serves to increase apprehension regarding WSP and plays into the hands of opportunists looking to drive it down tomorrow or the next day. I'm much happier with a slow and steady advance based on substantive change in value or a reduction in risk. The story of the boy who cried wolf comes to mind.... if this proves to be hype, it is reasonable to assume that after the fallout there will be more apprehension and less aggressive buying when the next opportunity presents for the stock to advance. FWIW
Wilse



To: Tom Cat who wrote (16575)3/24/1999 5:35:00 PM
From: .Trev  Read Replies (1) | Respond to of 26850
 
You might be right but I don't really think so. To-day's action was more than an SI flutter. Almost 2.4 million dollars changed hands. So IMHO there probably was a material change and I don't think that will be hidden. When there is real news it gets released so I'm expecting a halt pending a release, by arrangement with the exchange, which is a different kettle of fish.

On another tack I was choked to-day to see in the Post that an Internet company has taken our name for it's new system "Snap.com".

Cheers



To: Tom Cat who wrote (16575)3/24/1999 5:38:00 PM
From: Rocket Red  Read Replies (2) | Respond to of 26850
 
Tom Cat
Expect a Halt from Exchange,followed by no material change I have seen that.

You have also seen the stocks go up to on that.
Yes if there is no release Winspear may come down but don't count on that.
700,000 shares traded for a reason today and please don't say it was all internet Hype thats garbage too.

Cheers.