Barrick Gold (ABX) Message Board

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Gold/Mining/Energy : Barrick Gold (ABX)

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To: ahhaha who wrote (885)	12/20/1998 6:06:00 AM
From: accountclosed	Read Replies (2) of 3558

Ahhaha, I have seen you make the totally valid point that it doesn't take massive selling to drop a stock price (or drive one up). A 100 share market order can have dramatic effect if there is not a party taking up the other side of the trade. I think that this idea is completely lost on the average investor. And I understand generally the work that you must have to do to understand that abx trades are reflecting strong buying as the majority are initiated on the buy side. Can you give me your theory why the price is languishing given that strong buying? Why are sellers continuing to supply the strong buying that you are seeing? It seems to me if your work is correct, and if potential sellers had access to that information, they could keep the tug-of-war rope a little tighter and achieve higher prices for their shares. tia

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