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Gold/Mining/Energy : maverick (MAVK)

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To: MRothaus1 who wrote (401)4/30/1999 1:33:00 PM
From: Early Bird  Read Replies (2) of 432
 
wish I did. It is up now on 4.7 x average daily volume at 1:25 pm.
Maybe it is just simply overdue or maybe it has to due with the steel prices. OR maybe it has to do with this being simply a crazy market.
I have calls on Occidental Petroleum and it is down because a tribe of Columbian Indians has threatened to walk off a cliff in a mass suicide if they do not stop drilling there. At least I THINK that is why it is down. Who knows in THIS crazy market !
Maybe Mavk is simply a case of the technical picture just simply feeding on itself, as this sometimes happens. In other words, the techies see the price above the moving averages, on high volume, showing that it SHOULD now go higher, so it becomes a self fulfillling prophecy as everyone jumps on board.
However, I keep searching for news. You can bet there is some SOMEWHERE and we are very early on this train.
EB
Anyone know how much short interest there is on MAVK ?
Possibly the shorts are now covering, which would REALLY fuel a rally.
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