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Gold/Mining/Energy : Donner Minerals (DML.V)
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To: Don craig who wrote (1204)11/28/1997 10:13:00 PM
From: wayne cath  Read Replies (1) of 11676
 
hi Don.........
..I was hoping someone with more market savvy would respond to your observation/suspicions .....as that has not been the case, just let me say that I have been watching the late day trading especially on NAI. and am also wondering what the heck is going on. For example:
11/26- last 8 trades of the day ..21K share - canaccord takes nai from even on the day to -.12 cents
11/27- 6 of last 8 trades 40K shares- haywood takes nai from +.13 cents on the
day to +.05
11/28-last two trades 11k shares- haywood takes nai from +.10 on the day to
+.03

The thing that has really gotten my attention watching this is that the market depth on the ask dosn't change as these trades roll through which can onl;y mean this action is not from someone attempting to sell prior to hammering the bid in late day desperation.

If this action was just shorting why not at the higher prices that have been available through-out the day??
Can someone offer a motive for what appears to be an attempt only to make the day look worse than it otherwise may have been?

I have seen similar action on dml re: late day action but cannot comment on the market depth there(don't got it).

Until your post,, I was prepared to assume I was a little paranoid and that this was just normal market movement.

hope this helps....regards
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