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Gold/Mining/Energy : ASHTON MINING OF CANADA (ACA)

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To: Darryl Kadonaga who wrote (2534)10/2/1997 2:01:00 AM
From: Jesse   of 7966
 
Thanks, Darryl. Here's a comment by a "market veteran" about reading such house positions:

Remember that the 'jitney factor' can be very misleading. US brokers, and even some Canadian brokers, clear trades through jitney offices. e.g. a trade from Quick & Riley, PC Financial Network, Merril Lynch etc... may well clear through DS, or Nesbitt. In my experience the overwhelming number of jitney trades will show as either Canaccord or Yorkton trades. Therefore any analysis of house positions should exclude these houses.
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