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


To: DaveU who wrote (7295)4/16/1999 2:35:00 PM
From: Ceedee  Respond to of 62348
 
Strong support at 9.00,hope it stays above,one thing for sure it will take a run before the closing....



To: DaveU who wrote (7295)4/16/1999 2:36:00 PM
From: speculatingvalue  Respond to of 62348
 
I took 1/3 out at $9.85. I figure the rest has got to ride until at least Monday, possibly through the week.

There will be positive press in the weekend paper and a gap on Monday. I wouldn't be surprised if they report positive quarterly earnings next week as their heater shipments are way up. (They've ramped up from 50 a month to 200.)



To: DaveU who wrote (7295)4/16/1999 2:37:00 PM
From: keith massey  Read Replies (3) | Respond to of 62348
 
The start of the gap is always a very powerful resistance level. We now have just short of 5 million shares that have changed hands between 9 and 15. It has been trading in a super tight range for an hour now. On a breakout this will move very fast.

KEITH



To: DaveU who wrote (7295)4/16/1999 2:40:00 PM
From: John Fairchild  Read Replies (2) | Respond to of 62348
 
Well I would consider how long it took for the market to react to the original news of 100% increase in power output. GLE is going to be compared to BLD this weekend in the papers and that will generate (no pun intended) intense interest. The stock is being turned over big time right now so the average price is going to be high enough that selling pressure should not be anything compared to the buying that moves in.

That's what I am thinking. I will hold for the weekend.

I think we will see some big buying at close from people thinking the same way.

who knows- I bought more at $9.10

John