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Gold/Mining/Energy : Rondal Gold Corp -RGD (formerly Prior Resources - PQL)

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To: joseph nazarian who wrote (62)10/19/1996 12:30:00 AM
From: Robert Saito   of 331
 
Joseph and others:

For the last two weeks, I'm watching and wondering not who is buying, but who is selling these millions of shares at such an incomprehensible low, stagnant asking price. Why would sellers ask so little with so much demand? With such a large mass of willing buyers, why would the ask price be so suppressed over such a long period of time? I never have been comfortable with high volumes of shares crossing hands with little or no price changes, so late in the play. I'm not crying wolf, just puzzled at the lack of price movement. Up 3 cents on over a million shares traded? Lots and lots of eager sellers here. Am I missing something? Maybe Georgie can enlighten us. Is this the market making news we've been banking on?

Robert Saito
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