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Gold/Mining/Energy : Holmer Gold Mines -- Ignore unavailable to you. Want to Upgrade?


To: Hans Nonchen who wrote (688)10/1/1999 8:48:00 PM
From: Brian MacDonald  Read Replies (1) | Respond to of 739
 
Anybody looking to buy on Monday morning - based on the perceived breakout should beware! Looks like somebody is trying to 'paint the tape' just before the close today.

Here's what I mean:

Time Price Change #Shares Buyer Seller

15:59 0.26 0.09 1,000 89 Goepel 89 Goepel
15:47 0.21 0.04 2,000 9 Nesbitt 44 Jones Gable

Notice that a measly 1,000 shares traded (a cross no less) at 1 minute to closing and that it was $0.05 above the price level of the previous trade(s) - only 12 minutes earlier. However, the last trade is what shows on the books as the 'closing price'.

Anyway, the rise isn't as large as it appears on paper. So, unless there is something of substance behind this move, you might want to keep your powder dry on Monday morning and see what happens first.

B.