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Gold/Mining/Energy : Nuinsco Resources (NWI)
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To: Just G who wrote (5211)9/13/1999 4:13:00 PM
From: DonH  Read Replies (1) of 5821
 
G, I'm guessing.

With a "retail" buy, all within a short timespan, on a "quiet" day, with all the other players happy to sell: I presume that some manager somewhere wanted to add a "position", and move on to more important things for now.
I presume also that a lump purchase, out of character for the day's trading, is not expected to "perform" in the next few days, but rather will be checked over a slow time frame to determine it's value.

Hence: Long-term position

But hey, what do I know!!!

...Don
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