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


To: Nathan Hansen who wrote (337)4/15/1999 10:35:00 AM
From: keith massey  Read Replies (1) | Respond to of 5053
 
I still haven't bought back the shares I sold at $1.11. Had a bid in for .93 yesterday but it didn't get filled...good thing the order was for the day and expired because it looks like the shake out before the run has begun. A block for 100,000 just showed up at .95. I will not be surprised to see the mid to low-.80's in the next couple of days. Now it is just a matter of calling the bottom of the shakeout.

There is now way anyone would throw a 100,000 offer useless they were trying to keep a cap on the stock and scare the hell out of retail investors. We saw it at .55, .65, .77 and now at .95. If they really wanted to get rid of 100,000 shares they would have sold them in blocks during the past few days or let the price creep up and take out all the offers. Of course this is just my opinion and I am open to other suggestions.

Best Regards
KEITH