SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : PATHEON INC. (PTI - TORONTO)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Nykol who wrote (28)6/1/1997 7:44:00 PM
From: John Sladek   of 147
 
Nykol, my suggestion (see previous post) was that the 1 million share bk that was crossed at $2.15 accounted for much of the price increase. In order to do the cross that price, all the shares that were available on the market up to that price would have be taken out. I imagine that people seeing the price run up jumped in, which drove the price to $2.30 after the block crossed.

I think that might explain the past few days trading.

I basically agree with your assessment of earnings and share price.

Regards,
John Sladek
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext