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Gold/Mining/Energy : Donner Minerals (DML.V)
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To: VAUGHN who wrote (2985)1/16/1998 3:07:00 PM
From: Buckey   of 11676
 
Vaughn, I have had those same thoughts But I do not beleive tham any more for one second.

1. A CC client could sell when CC recomends buy. Look at today. But it happens time and time again. If it was a trade here and there but when it is a dump and wipes out bids driving the price down with the market sell order. I just cannot buy it. period. It is a house sell order. It is market order which takes the price down. They did exactly the same thing on DML today when it was rallying earlier.

2. I do not read the West coast newspapers. I think Kent pointed it out to me once, but who gets charged and when. Laws are in place with penalties. The penalties and the liklihood of prosecution are the risk. When noone is prosecuted ( or few) and few are investigated and even fewer are penalized then what deterrant is there to this activity. It happens every day. Different targets every day and CC and Whoreton are making a ton of money

I agree that they help to create the market by funding these companies on start up. Of course they do as it gives them another potential money maker. I have no confidence in the ability or the inclination of the authorities in BC to do anything about this other than the cursory lip service.

I would like to know how many short selling violations were prosecuted on the VSE and ASE last year?? anyone?

How many other stock manipulation convictions?

I am guessing goose eggs or close on those questions.

It is lawlessness.
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