SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : ORXX - Orex Gold Mines Corporation

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: vagabond who wrote (597)8/24/1999 11:00:00 AM
From: Ga Bard  Read Replies (1) of 2392
 
Everyday it gets more and more interesting. They gap up this morning on 30,000 shares and then 20,000k hit it and that is how it goes for the first thirty minutes.

Then at 9:59 MMs cross overs start with 70,000 and followed by 40,000 and 25,000 blocks ... Right now 300K is in MMs cross overs. 144 and 732 codes of MMs.

Just watching ... People will be saying well someone is selling but I do not see it ... to blantant for anyone to be doing this and draw attention from the regulators.

I remember when in another stock we thought the insiders were selling ... Guess what they weren't. Flat out MM tactics. They can move shares around and not be short just flat out moving shares around.

Shaking out shares is what the MMs are suppose to do anyway they can to keep the market liquid or you can take the short theory or someone feeding them shares. However, you want to look at it the gap up on 30K this morning is what I find interesting.

Oh we have a new MM this morning ...

:-)

GB
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext