Zappa Resources ZPA vancouver Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Zappa Resources ZPA vancouver

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: The Fix who wrote (576)	9/3/1998 7:54:00 PM
From: dean poets	Read Replies (2) of 3198

Hey Guys, I'm looking for opinions on the 200,000 share bid by Levesque @ 17 cents per share? Good or Bad? Fixer has talked about a practise by stockbrokers called "boxing". If the broker is trying to accumulate, he will place a large sell order just above the market price. This will usually cause a lot of day traders to quickly sell at lower prices. This is when the broker starts accumulating the cheap shares. On the other side, a lot of times when a broker goes to sell, he will place a large buy order a couple cents below market price. The average investor sees this and starts buying because of the support below. I'm not saying this is happening for sure, but I'm just a little suspicious cause today Levesque was the big seller above 20 cents. I'm sure they get a lot more information from Cambior than even Zappa gets. A long time ago Al & Bo Brain were making comments about us investors being on the bottom of the investment food chain. I used to think they were wrong, but I guess I was wrong. Dean

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next