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Gold/Mining/Energy : Amalgamated Exploration Inc (AXPL)
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To: acell bown who wrote (15)1/20/1997 5:44:00 PM
From: acell bown   of 117
 
Hi all,

Interesting stock to say the least.

Some data that I scooped up from Papyrus.

Volume: 256,200
No. of trades: 197
Size of trades:
trades smaller than 1000 shares 104
trades larger than 5000 shares 11
trades between 1000 and 2000 shares 55
Last 10 trades:
Time Price size
3:50 9 500
3:50 8.5 1500
3:51 9 200
3:51 9 1000
3:52 9 2000
3:52 8.5 2000
3:58 9 300
3:58 9 2000
3:58 8:5 1500
3:58 9 500

Thoughts on these numbers:

It looks to me like about half of the assumed float changed hands today.

Because of the mostly small size trades it looks like most of the buying was done by the so called retail traders-us guys.I wouldn't be surprised if most, if not all, of the trading was done by internet traders. And further, I would think that most of the internet traders that had access to the Redhotstocks news letter are the ones involved. I havn't even had time to complete my Due Dill and I have been looking at amalgamated for a while.

This is a scary thought: That we are the ones beating each others brains out by running axpl up and down the flagpole today. Maybe we ought to moderate our "speculative exuberance" at least until we complete our DD. I hope we are not sheep being led to the slaughter.

Just a thought

ace
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