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Gold/Mining/Energy : Abnormal Broker Accumulation
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To: rabbi who wrote (29)10/8/1997 5:42:00 PM
From: kevin cunningham   of 38
 
Picking it up, my foot! They were handed 12 million shares at the fixed price of $1.50 by Oxbow. The difference in price betwen that and todays trading figures goes into feathering their nest. Why do you think they have been flushing it out at trades averaging 3000 shares apiece? They are controlling it nicely, but the 12 million is almost subscribed, the price should roll back in the next few days.
No, its not bad grapes on my part, I sold at 1.84 so this is just a word of warning.

Kevin
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