Answer may be both, Dan. It looked like beginning of a major upswing plus possible knowledge or leak of results. There were some very convincing bids. Not all were filled. Here's the market depth at close....
Depth by Order for V : PFN as of 2001-03-02 13:28:40
Bid Ask Broker #Sh Price Price #Sh Broker 18 Georgia Pacific 2,500 1.00 1.05 100 9 Nesbitt 79 Gundy 67,000 0.99 1.05 5,000 11 Yorkton 80 National Bank 10,000 0.99 1.06 5,000 7 Green Line 79 Gundy 50,000 0.98 1.07 1,000 7 Green Line 79 Gundy 25,000 0.98 1.08 2,000 7 Green Line 79 Gundy 36,500 0.98 1.08 3,000 18 Georgia Pacific 79 Gundy 10,000 0.95 1.09 2,000 79 Gundy 85 ScotiaMcLeod 2,000 0.92 1.09 5,000 11 Yorkton 11 Yorkton 5,000 0.90 1.10 1,500 89 Goepel McDermid 7 Green Line 2,000 0.90 1.10 5,000 11 Yorkton |