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Gold/Mining/Energy : Winspear Resources

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To: Crocodile who wrote (3435)10/13/1997 6:55:00 PM
From: HARLEY II   of 26850
 
Good point Croc,

Research Capital (house 8) was a big net buyer the past two weeks and no sells. This is one of those houses you mentioned that no one watches.

If someone was trying to keep a share price down without losing too many shares then it makes sense to see these little jitney houses in the market buying an abnormal amount of shares.

I would also keep my eye on house 63 (Levesques Securities). This house has a department in their Vancouver office whose only business is jitney trading. I also know that Canaccord is one of their best customers. It is often the case that when Canaccord is getting heat for blasting a market they simply pass their trades on to Levesque.

I personally believe that jitney trading should be banned outright. The very reason for its existence is deception. This is why the internet is a wonderful medium; so all investors can be informed about the securities industry in all its duplicitous ways. LEVEL THE FIELD

HARLEY
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