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Biotech / Medical : Lorus Therapeutics Inc.
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To: KrisB who wrote (24)3/19/1997 3:24:00 PM
From: ROY PHUNG   of 279
 
Kris if you look at yesterday Canada Stockwatch on the trade station, you will see that the brokerage houses, Griffiths bought 143,000 at $1.48 and sold 143,000 at $1.48 and Connor Clark bought 17,500 at $1.45 and sold 17,500 at $1.45. Griffiths and Connor Clark traded their own shares among themself. Now why did they do that? They buy and sell their own shares to create some trading volume so that the unsuspected investors think that something is about to happen on IMT or think that IMT is very active. Also if you look at the number of trades yesterday it was actually very few trades. Active stocks tend to attract more investors into that stocks. The brokers do that very often to deceive or manipulate the investors and they won't fool me. Connor Clark brokerage houses fabricated trading volume regularly on IMT and they held over 200,000 shares. Sometime the brokers fabricate trading volume so they can unload their positions. Take care


ExHouseBoughtAv/ShSoldAv/ShNet$NetT009 Nesbitt240001.5235001.5520500-31135T039 Midland62001.4800.006200-9188T086 Oliver15001.4900.001500-2235T050 Connor Clark 17500 1.45 17500 1.45 00T074 Griffiths 143000 1.48 143000 1.48 00T017 Brawley Cathers35001.5037001.54-200443T063 Levesque Beaubien00.0025001.55-25003875T025 Odlum00.0050001.49-50007450T002 DS40001.4595001.54-55008875T007 Green Line100001.49155001.49-55008110T080 First Marathon00.0095001.45-950013805Total2097001.482097001.4800
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