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Gold/Mining/Energy : PRUDENTIAL STEEL (tse:PTS)
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To: tango who wrote (31)4/16/1998 6:59:00 PM
From: stockinAmajor  Read Replies (1) of 69
 
It does seem strange how the stock traded down just before the halt on very light selling.

It is also interesting to note the very large blocks that have been crossed by Sprott Securities over the past several days at significantly higher prices.

I cannot find any reason to believe that the company has any financial or business difficulties that could bring a negative surprise. Perhaps the news will be more positive than the last few trades of the day might portend.

This is a very well run profitable business, is it possible that it might be a target for a takeover. If so what might it be worth?

I like to think positively even though the price of the stock makes it look negative. I guess we will all know what's up in the morning.
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