I think he is bulltwanging you Walt--I see 8 to 9c--now I didn't before then possibly going to 12 -- ERG trade data forum

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Date Posted: 06:11:24 03/10/03 Mon
Author: he's setting you for a dependency situation--t should hold around pwi nta
Subject: I think he is bulltwanging you Walt--I see 8 to 9c--now I didn't before then possibly going to 12

Posted by: hahahaa Mar 10 2003 7:49:12:920AM
Reply to post #4010 by Walt Go to Post #

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Hi walt. The ERG price is anybody's guess. There are just too many uncertainties:

- War
- Approval/rejection of Capital Restructure (before 28 Mar and after)
- Can the critical (imo) 10 cent price be maintained

If I can assume that there is no war (ok, guys I can hear you all laughing), I would guess that 12 cents is where it would settle later this week and before Capital Restructure. If the Capital Restructure is approved, I think it would stay at 15 cents until the mid April AGM. Guys, pls note that if my past record in ERG trading is of any guide to you, it was total disaster. Don't come back to laugh at me 2 motnhs from now. I would be happy for you to tell me now that my guess is unrealistic.

With war, the price can be as low as anyone's guess.

To me, a trading stock means instantaneous and situational decision.

walt, how do you think it'll chart for the next 6 weeks?

(Voluntary Disclosure:No Position Short Term rating: Long Term Rating:)

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