I'm not an expert on Canadian stocks, but one type news release that sends shivers down my spine:
02/24/00 Ms. Cassy Weber reports At the request of the Canadian Venture Exchange, Cell-Loc announces there is no material change to explain the current market activity of the company's shares. However, the company believes increased exposure in recent key publications has resulted in increased interest within the investment community. Some key publications include: Globe and Mail, Feb. 24, 2000 Wall Street Journal, Feb. 22, 2000 Canadian Business Magazine, Feb. 21, 2000 Dow Jones, Feb. 16, 2000
That could be becasue news got out of the news release on Feb 28/00 or it can mean people running the stock. Lots of stocks running on the CDNX for NO REASON, and they have to issue the similar type of news release.
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Short position increased to 29,825
How come they are not on the TSE yet?
King Frank is one of the directors, and if that's the Frank King I know he was the top man in CODA for the 1988 Calgary Winter Olympics. Well repsected person.
Get this if you trade Canada stocks: canada-stockwatch.com
BTW I am a he. |