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


To: the Chief who wrote (14740)5/27/1999 3:15:00 PM
From: Dave Duggan  Respond to of 62348
 
The problem with drl is liquidity and every brokerage house in cda knows it.

There is nothing wrong with the company. Its just not traded much in the market. But the 500M contract may change that. DRL doesn't score like this every day.

It will probably take a few days for the big houses to figure out what this means.

How many analysts follow drl?



To: the Chief who wrote (14740)5/27/1999 3:17:00 PM
From: Vitalsigns  Read Replies (1) | Respond to of 62348
 
hope you got your MCF.T .....it's looking good now



To: the Chief who wrote (14740)5/27/1999 3:21:00 PM
From: keith massey  Read Replies (4) | Respond to of 62348
 
Chief...I'm with you on this one..took a very close look and decided to stay way from DRL.

This is not the place to discuss fundamentals but people who plan on holding this stock should work the numbers....it is $500M over 10 years...they do $200 a year now and have $180M in backlog orders. I'm leaving up to other people to put a value on this deal.

Best Regards
KEITH



To: the Chief who wrote (14740)5/27/1999 3:28:00 PM
From: New Economy  Respond to of 62348
 
I can agree with you Chief, especially when you analyze the number of trades with respect to the volume in a given security...one conludes a lot of retail buying and I starting to get the feeling that some of these stocks on the TSE are getting like the Internet IPO's down south. Just my opinion..what do I know my portfolio is down 24% and it is diversified over 9 stocks which were all pumped by ourselves the retail player.