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Gold/Mining/Energy : Pacific Rim Mining V.PFG

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To: Shirley Owen who wrote (4657)5/23/1997 4:05:00 PM
From: Ross Mickey   of 14627
 
Well here is my take on what is happening today. Mind you this is all speculation... I happened to check the KRY trading today since they are making a major move. Nesbitt has sold 150,000 shares into this and raised $400,000. So far today, Nesbitt has sold almost 170,000 shares of PFG and raised $575,000. I don't know how to do a general search on Stockwatch for all trades on all stocks by a particular broker but it seems like someone at Nesbitt needs cash. Nesbitt is really the only seller of PFG and everything they want to sell is being snapped up. I think the sharks and bottom feeders are having a hay day with PFG today. I am frantically looking at were I can get some cash to buy into this selling frenzy by Nesbitt.

The feeding frenzy continues, Nesbitt just sold 22,000 shares for $3.37. Whoever it is at Nesbitt is really hard up for cash. People are lowballing the bid and Nesbitt keeps on taking it.

Where is cash when you need it????
Any other thoughts??

Best of Luck,

Ross
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