YBZ - Brazilian Resources Message Board

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Gold/Mining/Energy : YBZ - Brazilian Resources

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To: Richard Saunders who wrote (2)	12/19/2000 12:04:54 AM
From: Berry Picker	Read Replies (1) of 32

The amount of shares also put me off a bit. I watched one house however dump a million shares in one hour and the volume was there for it. If you check the trading the day that it traded 1 1/2 million shares last week you will see what I'm talking about. It also makes me nervous that someone with that kind of position is blowing it out BUT most of it is also being taken back up by one house so go figure? It's a bit of a wash :-) This stock was 50 cents a few weeks ago before DS decided to sell with reckless abandon. Can any one tell me why some houses sell like that? They must know that is will drive the price down when people see they can get it cheaper? Just bought some NSU about 2 weeks ago - same story one house just blasting the stuff out down to 12 cents. YBZ seems to have enough people interested in buying that such volumes can be blown out. Another thing that caught my eye was the fact that in the last news release options for 50 cents were being exercised even though the stock was trading lower on the open market but the insiders seem happy to pay more for the stock. Like you say - the story is Zappy and the prospects for growth should be good. Another stock that I was following that is developing cable in Brazil is IMPT which is also selling way below value. British Telecom bought IMPT at $30/share it is now below 10 bucks. Last at $ 7 5/8. This kind of Tech is just getting started in S.A. while here people are starting to sort out which companies will and which will not make REAL money in the tech stock sector. As with any stock that is trading for 15 cents - don't bet the farm. It is a risk but YBZ also has a really good chance of being a ten bagger. IMHO :-)

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