Nevada Bob's Canada - NBC (was Warka Capital) Message Board

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Gold/Mining/Energy : Nevada Bob's Canada - NBC (was Warka Capital)

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To: Barron Von Hymen who wrote ()	7/14/1997 7:49:00 PM
From: Stox	of 66

Here is some trading stats on Warka-WKA on ASE: From the date of the Discount Bobs announcement and subsequent trading on June 18 - July 10 (17 trading days) WKA traded 1,460 shares at an average price of 1.30. Price range was 1.06 - 1.57 so BVH's 1.25 was a very good investment (although not as profitable as the insiders that scooped up the shell shares at 0.30 - 0.40 since last Sept'96). CT (Canada Trust) bought 196K of those shares (13% of total buy) and was a net buyer of 124K shares. Canaccord and Yorkton dumped the most WKA shares over this period, 341K and 605K respectively. Together they accounted for 65% of all shares sold and were net sellers of over 572K shares over the 17 trading days. Today (July 14) Canaccord was a net buyer of 35K shares. I take this as a very peculiar but positive sign. Why would Canaccord (or their clients) dump 197K shares from Jun18-Jul10 at under 1.30 and then buy back 35K at over 2.50? July 11 WKA traded 198K at ave price of 1.78 (1.45-2.05) July 14 WKA traded 212K at ave price of 2.53 (2.05-2.95) el

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