TO ALL: If you look at the dates the Teck trades took place you will find the following:
10/29/97 Total Volume: 1,952,430...Teck sells 144,500 10/30/97 Total Volume: 1,547,400...Teck sells 120,000 10/31/97 Total Volume: 672,588...Teck Sells 35,000 11/05/97 Total Volume: 331,618...Teck Sells 44,000 11/06/97 Total Volume: 543,950...Teck Sells 50,000
Compared to the daily volumes as found on Stockwatch, I'd hardly say that Teck was DUMPING the stock... I'd say that they were selling stock in the normal course of trading...Taking some profits when they where available...
Nothing wrong with that in my books...
They sold less than 370k out of 4.8 mill...Big Deal...
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