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Gold/Mining/Energy : T.ITE: iTech Capital (TSE) -- Ignore unavailable to you. Want to Upgrade?


To: AriKirA who wrote (809)8/18/1999 1:09:00 PM
From: keith massey  Read Replies (2) | Respond to of 5053
 
A few bigger players have stepped into the game today. I see 3 trades for 20,000, 1 for 15,000 and 1 for 10,000. I bought all my shares yesterday so none of these are me <ggg>. This is not normally buying for JDX. The buys have come from Canaccord, Midland, Grundy and DS so it is not just one buyer who wants it today.

Odlum and Yorkton continue to be the seller.

I went back for two years in the records (as far as possible) to try and figure out what was up with the Odlum sales lately. Until the last 2 months Odlum was net positive 500 shares in the past 2 years with total buys/sells of 30,000... In other words they haven't touched the stock in two years. Out of the blue these guys sells 220,000 (100,000 in the past 2 days). My question? If they haven't bought or sold any shares for the last two years where are they getting these shares? It would be suicide to short the stock at the lows...if they wanted to short they would have done it at the highs. Plus the total shorts on the stock is still 0 so last months sales by Odlum, if they were a short, would have showed up already.

Anyone want to take a shot at that one? Could this finally be the Midas Fund getting out after all this time?

Best Regards
KEITH