It appears to me that your pals stock is being dumped so he can
get some liquidity to start paying for his short postition in RMIL.
I would also imagine he is dumping shares in the Swiss, and
European stocks he owns as well.
Riley G
-------------
DEVELOPMENT BANCORP LTD
Ticker: DVBC
Date Volume High/Ask Low/Bid Close
-------- ---------- ---------- ---------- ----------
10/22/97 66,000 3 2 3/4 2 3/4
No trades for 8 days . New 52 week low
10/09/97 2,000 3 3 3
No trades for 1 day
10/07/97 7,000 3 3 3
No trades for 2 days
10/02/97 5,000 4 3/16 4 3/16 4 3/16
10/01/97 500 4 4 4
No trades for 6 days
09/23/97 3,200 4 3/8 4 4 3/8
09/22/97 1,000 4 1/4 4 1/4 4 1/4
09/19/97 1,500 4 1/4 4 1/4 4 1/4
No trades for 8 days
09/08/97 3,800 3 1/4 3 1/4 3 1/4
No trades for 1 day
09/04/97 2,500 3 1/2 3 1/2 3 1/2
No trades for 2 days
08/29/97 7,500 4 1/4 4 1/4 4 1/4
No trades for 5 days
08/21/97 147,600 4 5/16 3 1/4 4 3/16
No trades for 1 day
08/19/97 63,000 4 5/16 4 1/4 4 1/4
08/18/97 35,000 4 5/16 4 5/16 4 5/16
08/15/97 5,600 3 1/2 3 1/2 3 1/2
08/14/97 21,800 4 3/8 3 1/4 4 3/8
08/13/97 8,000 4 3/8 3 1/2 4 3/8
No trades for 3 days
08/07/97 44,500 4 3/8 4 1/4 4 1/4
No trades for 4 days
07/31/97 33,000 4 3/8 4 1/4 4 3/8 |
