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Gold/Mining/Energy : Pacific Wildcat (V.PAW)

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To: Dav!d who wrote ()10/2/1996 5:11:00 PM
From: Dav!d   of 47
 
Jon,

Have you noticed that some group is playing with this stock. I have noticed that the bids/asks are not even (i.e. 3.46 or 3.69, etc) and thus it leads me to conclude that this might be Cannacord. If it is Cannacord or not, why would they mess with THIS stock - this is the cleanest (Viceroy I mean) company that doesn't hype, promote, lies, etc. I am just imagining this or is this the case???? I will try to find out Friday when I get to use Bloomberg.

Does month-end selling END the third day of the month? It is quite possible that people are covering their trades and thus are selling at whatever the price (people know this and that is why the bids are moving south).

Finally, doesn't it seem strange that the stock is moving south just before their annual report is released. Usually this stock moves up prior to news. It is my honest opinion that this is a classic shake-out and the fun will start in mid-October. I hope!

Good luck, keep in touch,

David
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