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Gold/Mining/Energy : Canadian Investment Resource Guide

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To: Cary R. who wrote (142)3/3/1998 12:05:00 AM
From: Cary R.  Read Replies (1) of 591
 
Hello to All;
First of all, many thanks to all those who replied to my earlier post and request for information. The Carlson-on-Line news site is useful.
Here is another example of information gap.
Toronto retailer Dylex (DLX) has received several analyst buy recommendations over the past few months. It had been gradually drifting downward to the $5.00 level since mid-March. In the past few sessions the price has recovered - especially today +.40 to close at $5.80, on volume of over 2 million shares.
In today's session there was one very large trade of 1.8 million shares at 11:26am at a price of $5.50. Is it fair to assume that a mutual fund of institutional investor bought these shares?
What I'm really trying to find out is what caused the stock to move up today ?(to close another +$.30 higher than the price that the blocks went through). What factors are in play here? (By the was, there was no news). Are any Dylex s/h reading this or does anyone know?
Is a call to Dylex's Investor Relations department appropriate?
Where can the small private investor go to get answers?
Thanks,
Cary R.
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