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Gold/Mining/Energy : T.ITE: iTech Capital (TSE) -- Ignore unavailable to you. Want to Upgrade?


To: kenc who wrote (537)6/2/1999 1:44:00 PM
From: keith massey  Read Replies (1) | Respond to of 5053
 
Kenc

I have a large core position right now just in case the news comes out tomorrow and it gaps up. I also have a ton of cash set aside to buy more JDX hopefully double my position before any news is released. I am guessing by the trading pattern lately that that little run to .90 was just a blip and the stock will pull back to at least .78-.80 on low volume (retail getting bored). At this point I will buy a few more shares. I could buy it all at that price but what if it drops another .10 as the summer drags on and no news comes out? I will slowly add to the pile as it drops. We both have seen how low great stocks can sink in the middle of the summer - it never fails to amaze me. If JDX doesn't drop and decides to put out the news next week I already have more than enough shares to make me a very happy guy. Either way I win and get the most shares for the buck.

Best Regards
KEITH