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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?


To: Rob Davis who wrote (6974)4/14/1999 2:12:00 PM
From: Kevin Hamlin  Respond to of 62347
 
I like the resiliancy GLE is showing. Still holding shares from 3.20 and bought some more at $3.60. $4.00 is showing as resistance right now and it's taking "a breather" in the $3.80's for the moment which is fine/healthy. Another run at $4.00? If it does, it may run further still. Personally, I think it should and that it is still in an oversold position. People may be skittish for the moment, but as the stock shows strength/support... I'll think they'll be back!

Kevin

Note: Strength looks like it's starting to build now!



To: Rob Davis who wrote (6974)4/14/1999 2:17:00 PM
From: Kevin Hamlin  Read Replies (1) | Respond to of 62347
 
Sprott (house 73) has come in pretty strong on the GLE buying since 11:30am ....now up 83,000 shares on the day and sold none. Off the top of my head, I think that puts them up over 300,000 shares in the past 3 days.

The other thing I take as a positive today is that looking through the sellers....well there just aren't a lot of them. No one is dumping shares at all. It looks like what sellers there were sold into a void of buyers this morning, creating the downdraft. Looks like that void is being filled!

Kevin