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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: SliderOnTheBlack who wrote (61838)3/9/2000 1:29:00 AM
From: CpsOmis  Read Replies (1) of 95453
 
Looking at both BSNX and MLRC, they both have INCREDIBLY small amount of shares out there....even smaller than MEXP!

Both had a huge run-up right at the close. It looks a bit like they are being manipulated.

Pardon my lack of knowledge here, but running up a stock at the end of the day to show a large % gain....isn't that what is referred to as "painting the tape"?

Perhaps someone or a group threw a small amount of money at it to create excitement and momentem so they could then dump their accumulated stock to the excited "my gawd ma..gasOleen is $2 at the pump, lets bah (not buy...bah) sum fast movin' awl stawk" crowd....

Just a theory.....hope all of you that jumped on board today can get out with your wallets intact.

CPS
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