SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?


To: Brennan Wilkie who wrote (12297)5/11/1999 10:55:00 AM
From: Enjay!!  Respond to of 62348
 
GEM - anyone got any thoughts on what this is going to do? Pulled an oops yesterday and bought at .84 - still holding...time to run?



To: Brennan Wilkie who wrote (12297)5/11/1999 11:04:00 AM
From: keith massey  Read Replies (1) | Respond to of 62348
 
did you see the bull trap?

What are you talking about???? You must be using delayed quotes because it hasn't been at $26.30 for over 30 minutes.

There is a huge retail shake out going on and this stock has been shorted like crazy since $42. This has been a long time favorite of the shorts and several times in its history it has had short positions about 10 Million. Any good news from CIT/NCT deal would cause a huge short squeeze. This is a two year low for the stock with big support in the mid-$25 range...however I am not sure at this point if it will ever get to the mid-$25's so I am trying to catch the bottom in this area.

Wall at $26.50...could be the bottom of the box.

Best Regards
KEITH