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


To: Natedog who wrote (17607)4/5/1999 1:06:00 PM
From: bill  Read Replies (1) | Respond to of 26850
 
Interesting phenomenon today. WSPb breaks through 4.00 and on
Stockwatch WSP disappears from the top stocks being commented upon.
WSP thread is reduced to individuals insulting each other. No
actual information in any of the posts. JP and AJ fade from view.
Friday WSP makes a quick run up on small volume. Usually the
sign that a drilling crew has spotted something worthwhile and
hav managed, despite any embargo on phoning out, to place some
orders to buy whatever stock they can afford. Usually, with
insiders like that the buying is quick, in small lots and doesn't
create a lot of volume. Watch the screen longenough and you see
it happen time and again. Today, more of a run up. Insider buying
or perhaps outsiders buying because there was a quick runup
on Friday. If the buying was like this but it turns out that
there is nothing significant, the price will come down quickly.
If there is something worthwhile spotted that is the cause of the
runup, we should see the stock level off and then make a sustained
rally. Somewhere in there will be a news release.