Here's a little more information on MRY on Vancouver.
I really find the buying intriguing and it's pretty clear
there's definitely some very big accumulation going on!
Here's the buying patterns for the past three months
by the 4 most active houses:
House November December January Total
Nesbitt (12) +215,500 +593,000 +330,800 +1,139,300
Levesque(63) +158,048 +249,549 +148,400 +555,997
DS (82) +241,900 + 78,500 +114,400 +434,800
Sprott (73) +466,800 +252,400 -202,300 +516,900
That sale of Sprott in January is not what it looks to be.
In fact, it was a 200,000 share cross over to McDermid (52)on
January 19th.
The other thing I really like about MRY right now is that
EVERY indicator I am using is showing a buy signal.
To the others here who are into tech signals, if you
could run MRY through your own indicators, it would be
very interesting to know what you come up with!
Given the buying that has taken place recently, I would
expect to see news coming either this week or the very
beginning of next week. MRY has a lot in the works and
recently landed a major British Airways contract. As
you know, the rumour mill (for what it is worth) has
it that a few more major contracts are being negotiated
with other Tier 1 airline carriers. I would guess that
these rumours may in fact turn out to be true, especially
now that MRY has British Airways under their belt.
So we shall see! In any case, I'm liking MRY very
much right now. It's really nice to see a small company
take hold and really start to flourish!
All the best,
Kevin |
