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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: norm roberts who wrote (7417)4/18/1999 10:02:00 AM
From: New Economy  Read Replies (1) of 62348
 
Norm you commented:
if you check out the number of 100 share trades between
$8.60 and $10.95 can. it is scary.the dump's were between 700-2500
thats my concern.take it as it is. my opinion.

However, I noted a number of large blocks of shares during the later half of Frdiay afternoons session. It seems to me you are not really concerned about the small lots but more concerned about getting this baby to drop back so you can accumulate more shares.
If your analysis regarding the small lots of 100 shares is correct, I beleive that is a good thing. Please look at the research below the border on internet stocks. I have read articles in magazines discussing the issue of small floats being pumped out of proportion. If you anlayzed BII rise from $20.00 to $30.00 I noticed it was the small investors that pushed BII to new highs.
Thanks for the reassurance, now I am convinced this stock is going for a ride on Monday morning given the press coverage.
Just my opinion.
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