Medinah Mining Inc. (MDHM) Message Board

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Gold/Mining/Energy : Medinah Mining Inc. (MDHM)

MDMN 0.0001000

0.0%

Dec 12 9:30 AM EST

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To: RMF who wrote (9340)	2/22/1999 6:10:00 PM
From: Trader J	Read Replies (2) of 25548

Micap: Although it could be accumulation and the MMs could be holding the issue back, volume wouldn't support that. The share liquidity here is relatively large and from my vantage point it appears that any run is being met with selling....but on a small level. I hope the MM is holding it back but it certainly appears as there is little interest. They could be painting the tape but again, volume, would not support that. I haven't really looked at the avg. tick counts...especially from our foray to the .39 level last week. If it is accumulation through small lots, I would expect a fair amount of churning here into the low .30s until we get some solid news. Just too much liquid right now. Need to base and spike from here. But volume being the key, I am not impressed as of yet with this supposedly being the big week. Lets just hope that the this obvious quiet period is really working. Tj

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