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Gold/Mining/Energy : CDN. MOMO PUPPIES
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To: Jake V. who wrote (9900)9/30/1999 3:25:00 PM
From: Shaw  Read Replies (1) of 36688
 
Re: CC and VEN. IMO, I think it's pretty tough for a single house to manipulate a stock that has traded 30M shares in the last few days and has 140M shares o/s. Also, they have bought 4.7M @ .26 and sold 6.3M @ .28 over the same period. They mighta sold some shares from time to time to knock bids to do a cross, but every house does that. With those figures, where/when's the pump and when/where's the dump???

Looks to me like there is a whole lot of normal trading going on: The bullish folks who have never owned this (like us) who are buying because VEN's NAV is less than its market cap and those people (like Midland, probably) who have owned this for a long time and finally see an opportunity for an out.

Just my take,

Dean
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