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Gold/Mining/Energy : Hecla Mining(HL)
HL 23.70+4.0%12:35 PM EST

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To: Bobby Yellin who wrote (17)8/11/1996 1:16:00 PM
From: James F. Hopkins   of 629
 
Hi Bobby: What was their price at the time what is it now, and
on the days you saw the big blocks, and the tick up..did it stay
steping up for the balance of the day, ( really 3 days without falling back ) is the best sign it was not parking, there are
some tricks they can use, not saying they did..but huge blocks
on these Co. don't usually add up to a lot of little sellers,
for starters I would need to look at the price movement, and volume from that point on, for 3 days hence, and also know how many shares outstanding ? what the float is ? and any recent SEC filings. It's
not just an easy thing to read the motives..lots of times they are
concealed very deep..to often this is not a what you see is what you get game, and I have not tracked thoes CO. so I can't really comment on them, other than to say hey that was real good, or maybe real
bad, I don't know and I haven't enough data to even make a resonable guess. Got my hands full trying to track my holdings..right now
I'm long on HL, AR, DGIT, TXLN, RLABS, FSCX, and HGGR, keeping up
with them is a handfull..any others I track I do so to short, but i
haven't seen much use in shorting stocks below $20..two of my longs
are bought simply becasue of SEC filings I found indiders who
bought in.."before the drop that took a lot of stocks down below
their value, " and so I bought in at a lower price than the insiders,
in hunting for thoes kind of picks I found a lot of unusual things.
Like not all insider buying is a good sign, were as untill I
really dug into it I would have thought so.
Jim
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