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Gold/Mining/Energy : Ultra Petroleum (UPL)
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To: kfdkfd who wrote (4257)8/14/1999 12:42:00 AM
From: dgz   of 4851
 
Looks like our Denver guy decided to wait for the price to drop before trying to pick up the rest of his million shares. If I were going to buy a million shares the last thing I'd do is announce my intentions. One could pick up 50-100,000 a day without driving the price up like he did - it might take a week or two but he'd have them at a much lower average cost. Every morning I'd put in a new order for 50,000 shares with a limit price and more likely than not they would probably get picked up.
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