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Gold/Mining/Energy : Gimbel Vision International Inc. (GBV - ASE) -- Ignore unavailable to you. Want to Upgrade?


To: Glen Gordon who wrote (111)7/14/1999 8:15:00 PM
From: Cal Gary  Read Replies (1) | Respond to of 165
 
That sounds like a more plausible explanation for the move..

Well GBV also don't have an explanation for the move either <ggg>. They are not even a month on the TSE and the TSE asks them to account for the price move. I wonder if they can say "Caused by high demand, with more buyers wanting/willing to buy GBV shares at higher prices."

Love that chart!

I usually apply fundamental analysis to baby size stocks, but what the heck! It now on the big board. My favorite OBV is confirming this move. Slow stoch hasn't even hit the ceiling yet. MACD buy from last monday is right on. Yahoo!

RE: Two large blocks near end of day. What large blocks? Just nice steady upward trading, with perhaps day traders getting out near the end.

RE: LZR Although anything is possible, most takeover candidates have weak insider ownership while GBV insiders own the majority of the stock. The float is pretty tight. LZR would have to move quick if they are to get a good deal for their shareholders. I see the Gimbel's in the driver seat with great fundamentals, strong insider ownership, etc., so LZR would have to offer some mighty $$ the Gimbels just cannot refuse.