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Gold/Mining/Energy : Winspear Resources

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To: Buckey who wrote (7298)7/21/1998 4:52:00 PM
From: L. D.  Read Replies (1) of 26850
 
To: +John L. (7293 )
From: +Paul Belecki (Trial Member)
Tuesday, Jul 21 1998 3:30PM ET
Reply # of 7298

<<<Saw a rumour on another thread
about four guys
with huge beer bellies visiting WSP offices after
stopping in on MPV's head office.

Do not know whether its true.>>>

Actually it's not a rumour.
EC was doing DD on WSP along with his subscribers plus one very ugly looking bodyguard. After being tremendously impressed with WSP's management they decided to scoop up 1 mil. shares and the rest of the volume is accounted for panic buying by short sellers.
It's amazing what one smart guy is able to do to the stock.
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