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Gold/Mining/Energy : Abitibi Mining - V.ABB
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To: Bobalouis who wrote (8)9/30/1996 11:06:00 PM
From: Essam Hamza   of 42
 
Great job with the map Bobalouis,
I too was watching the opening bid/ask and noticed the Loooong delay before any shares traded. The reason was a HUGE gap in the bid/ask of $0.36 and $0.60 . Finally only a measly 400 shares traded at $0.48 . My guess is that by chance there were no bids for the stock except at $0.36 when the market opened. Of course only a lunatic would sell at this price therefore the bid came up to $0.48 still with no trades. The insiders decided to move things along therefore gave the poor fella a partial fill on his order then quickly retreated back up to an ask of $0.55 to $0.60. This was an attempt to start the shares flowing and also to move the bid price up (and it worked). Everyone is holding on to this stock so tightly that we will see these large gaps on very low volume.
The only thing to remember is that the promotion WILL happen and the more shares you can get at the LOWEST price is to your advantage. The only question now is WHEN??? (my guess is very soon).

Wow! keep up the good work and remember to share any news. I will try to get a history of the House#'s that traded today. Again I ask that if anyone watches the stock during the day to record any suspicious movement. Keep your eyes open and ears perked guys!

Sam.
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