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


To: William Whitehead Jr. who wrote (2457)6/2/1999 12:16:00 AM
From: lib  Read Replies (1) | Respond to of 3896
 
Been reading the posts over there as they can be often very entertaining - I'm entertained very easily as you might as well imagine. Unfortunately, that's all that board is good for. Rumors will begin to spread rapidly now that year end is out. As per the latest news release, look for an acquisition or two shortly down the road as a means for the company to break into the U.S. market. A nasdaq-related announcement should come any day now imo. Too bad our socialist-like government will not allow margining on rrsps, or I'd be the first to do it on this stock. I'm imagining their 50% profit on our hard earned dollars would not want to be at all compromised as every Canadian investor would likely jump onto the margin train.

Compare RAZF results with MCF'S and explain where the fairness in value is. MCF hit analyst estimates on the mark with 30mil including their latest acquisition and great promise for the future. You gotta believe along with the NB deal that this stock is enormously undervalued. And yet you see Taurus selling 38,0000 today at 6.95 with no buys. Dagan's theory about Taurus' involvement in the previous pp - exercising and selling of shares - is beginning to make a great deal of sense. As for any other selling today, anyone have theories beyond the obvious - ie. stock manipulation.