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Technology Stocks : CrossKeys Systems Corp [CKEY and CKY/TSE]

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To: Francois Lavoie who wrote (748)9/11/2000 10:55:34 PM
From: Helmut  Read Replies (1) of 792
 
I don't know that the volume was so ordinary. The last time CKY in Toronto traded over a hundred thousand was over a month ago. Except for one day when it reached 98K it's been well under 50K. The volume was ordinary in Toronto today (18K) except for one trade, a cross of 100K by Sprott around 11:00 a.m. Then about 1:00 some little guys got scared and the price collapsed.

Can anyone figure out why Sprott would buy sell and buy 100K at over C$16.25 just before the early warning.

Volume on the Nasdaq picked up a bit the past week, and it down every day except one, with a total decline of 25%. I wonder who was doing the selling.

Whatever the case, I agree it looks pretty suspicious and should do more than just raise security commission eyebrows.

The market has been very unkind to this kind of news. Perhaps tomorrow will present another big buying opportunity.

HK
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