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Gold/Mining/Energy : Golden Raven Resources Ltd (GVN)
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To: Ward Nicholson who wrote (2561)9/12/1997 2:54:00 PM
From: Texas77   of 3155
 
Ward,

I think that is actually a very good sign. When they do that it is usually to cause some panic selling. They know better than display a block that big if they are really trying to sell. If they really wanted to sell a block that size they would get the MM's to find a placement. A few months back they were using a large block of a million shares on the buy side to keep investors from selling while the price was correcting downward. It worked well - a lot of investors held on (including me) now they would like everyone to sell at these levels. I really don't want any more CYJ - but I will be bottom fishing now. Watch what goes on the rest of the month, it will be interesting.

Dave
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