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Gold/Mining/Energy : Maxam Gold Corp. OBB:MXAM

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To: Findit who wrote (11501)2/5/2009 7:05:10 AM
From: Richard Mazzarella  Read Replies (1) of 11603
 
Hi Jim, I have no knowledge why the MXAM up volume. I have been watching the CSPAN3 hearings about how Madoff was missed by the SEC and enjoyed the clock cleaning the SEC got from congress. There were also some comments about the corruption in the over-the-counter market.

Maybe that woke up some slimball MM that was holding a permanent naked short MXAM position? I noticed that GPGI also moved up a little too.

Do you have any ideas on why the moves?

Regards,
Richard
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