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Gold/Mining/Energy : Microforum (MCF:TSE) -- Ignore unavailable to you. Want to Upgrade?


To: swot who wrote (2042)5/12/1999 4:17:00 PM
From: Mitch  Read Replies (4) | Respond to of 3896
 
Hi Marty: According to what I saw, the price range for most of the day held between 8.30 and 8.40 with only occasional forays to 8.25 and 8.45. I simply don't believe that this was the open and unfettered market at work. Somebody ("those people" - whoever they may be) were feeding shares into the market to hold down the price. On the news we had this week, the price should have taken off.

I am probably dead wrong about this for the simple reason that I can't think of the reason why "those people" would be doing that. The same suggestion could be made about TVL, where the feeding in of the shares in large chunks of 10,000 continued all afternoon in spite of good news earlier this week.
M.



To: swot who wrote (2042)5/12/1999 7:17:00 PM
From: JKNF  Respond to of 3896
 
People should not play stocks based on emotion, remember to take a look at the fundamentals, Microsoft certified, big companies all over are customers , new alliances example National Bank of Canada, look at similar companies trading on Nasdaq- Razorfish $36US or SILK $26US, How much money does the company have on hand over $20 million dollars. Come on people, think!!!! How can you lose??? You can't, just don't let emotion lead you to a panick trade. Remember, you should always do the opposite, when people are selling then buy, when people are buying then sell. It's a very hard thing to do!!!

Very long on MCF!!!!

REGARDS

John