Well, a lil bruised up today (comments at end): 06/05/97 - 23 Trades for KGFC
Ex Time Price Change Volume Buyer Seller Marks
C Jun 5 16:06 0.48 -0.02 8000 I C Jun 5 15:53 0.47 -0.03 5000 I C Jun 5 15:52 0.47 -0.03 10000 I C Jun 5 15:37 0.49 -0.01 2000 I C Jun 5 15:21 0.47 -0.03 3000 I C Jun 5 15:15 0.47 -0.03 500 I C Jun 5 14:47 0.49 -0.01 10000 I C Jun 5 13:24 0.48 -0.02 10000 I C Jun 5 13:03 0.50 0.00 2000 I C Jun 5 11:40 0.49 -0.01 20000 I C Jun 5 11:39 0.50 0.00 10000 I C Jun 5 11:28 0.50 0.00 20000 I C Jun 5 11:27 0.49 -0.01 20000 I C Jun 5 11:20 0.50 0.00 20000 I C Jun 5 10:09 0.48 -0.02 6000 I C Jun 5 09:56 0.48 -0.02 3000 I C Jun 5 09:53 0.48 -0.02 2000 I C Jun 5 09:52 0.48 -0.02 13000 I C Jun 5 09:49 0.48 -0.02 10000 I C Jun 5 09:49 0.48 -0.02 5000 I C Jun 5 09:24 0.48 -0.02 50000 I C Jun 5 09:24 0.50 0.00 3000 I C Jun 5 09:15 0.48 -0.02 2000 I -------------------------------------------- Roger, I can of course see why people would want to accumulate this stock (at these levels it's amazing), but who would sell at these levels? That's the question in terms of the volume. That's what makes me wonder, as to what's really going on. With the CDN, so much is hidden (e.g., the bid/ask lot sizes, brokerages, market depth, etc). Anyway, I think it's an attempt to free a few more green fruit from the tree (a 'shakeout'). It's very easy to create the illusion of dumping, when in fact it's just the MM's churning a little, amongst themselves. I do not advise selling!
This is, as I've said, a keeper! Re. the CGZ PR's, I believe, since both company's IR are handled at the same front, CGZ is kinda the 'parent' (I could be wrong). I think KGFC is kind of the solid, Golden Egg which CGZ can tout (cash-in-the-bank), and is therefore working on building itself up. I feel quite confident that both shall excell. I enjoyed the Source's take. I asked about him, and he is just a very involved shareholder! . . (as we all should be)
I think this company would look MIGHTY tasty for a takeover. Actually, I certainly hope we don't sellout shy... Cheers |