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Gold/Mining/Energy : Canadian Analyst Calls and Hall of Shame

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To: Cush who started this subject10/31/2001 2:44:55 PM
From: Cush   of 16
 
ATP Plastics; Steven Gold, an analyst at Thomson Kernaghan, issued a strong buy on the stock

biz.yahoo.com

This is the sort of Analyst call and reporting that I shake my head at.
In this case, I own a small position in this stock, so I can't say that the reporting (which seems ridiculous) hurts. In fact, it helps me, but I consider it somewhat mis-leading.

From the article-
By midday, the stock had climbed 26 percent, or 36 Canadian cents, to C$1.75. AT Plastics is still down 20 percent on the year.

As I write this, at 3:30PM
the stock has traded 511,110 shares.

Of those, 500,000 shares were traded as a cross at (guess who) Thomson Kernaghan.

Cush
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