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

To: Michael Brandon who wrote (1058)	10/1/1999 9:01:00 PM
From: keith massey	Respond to of 5053

Micheal Great post...I am honoured to have your first post on SI to the JDX thread.....here I am complaining about holding for 10 months when you have been in for 3 years....yikes So here is a little information that nobody has seen before. I went through every buy and sell in the past 16 months (Since last June/98) to really take a close look at where the hands all lie. It was as easy as cutting and pasting ever trade into excel and doing some sorting and filtering to get the numbers. During this period 25.8 million shares traded hands or about 70,000/day average People: Don't bother point out that house or people can hide trading patterns by using different house because I already realize this. However this type of analysis can often give some good insight. I have only listed the players who had big buys/sell totals.. So where do the hands lie after the analysis (numbers in millions).....The money value is based on the cash value of each single trade done...so if they bought 1 million at .50 and sold 1 million at $1 the money value would be $500,000 not zero. If they just sold 1 million shares at .50 the money value would be -$500,000. Of course Haywood comes first <gggg> Bought 3.8 Sold 1.8 Net 2.0 Money value (-$1,100,000) Major Crosses (defined as a buy and sell in the same house) Haywood 11/03/98 - 172,000 at .48 11/03/98 - 280,000 at .47 11/03/98 - 179,000 at .50 12/07/98 - 208,500 at .49 12/07/98 - 478,500 at .50 Note: The 1.8 Million sold includes the crosses which total 1.4 Million shares. Since the group accumulating shares are probably the same ones that got the shares crossed to them I made the leap that Haywood is net around 3 million shares....at a minimum the have bought a total of 2 million from the street. The biggest sellers lately Yorkton Bought 4.4 Sold 4.5 Net -.1 Money Value ($24,000) Net -.6 in past 4 months Georgia Pacific Bought 0.8 Sold 1.6 Net -.8 Money Value ($600,000) Net -.58 in past 4 months Canaccord Bought 1.9 Sold 1.9 Net 0 Money Value ($124,000) Net -.31 in past 4 months Oldlum Bought .03 Sold 0.4 Net -.37 Money Value ($278,000) Net -.37 in past 4 months Some other interesting houses Greenline Bought 2.0 Sold 1.6 Net .4 Money Value (-$315,000) Net .25 in past 4 months Nesbitt Bought 2.0 Sold 2.5 Net -.5 Money Value ($86,000) Net .24 in past 4 months Midland Bought 2.4 Sold 2.6 Net .2 Money Value ($110,000) Net .07 in past 4 month DS Bought 1.2 Sold 2.0 Net -.8 Money Value (-874,000) Net .16 in past 4 months James Capel Bought 1.3 Sold .7 Net .6 Money Value ($-121,000) Net 0 in past 4 month Goepel Bought 1.0 Sold .5 Net .5 Money Value ($316,000) So what does it all mean??? Good question. Looks like Yorkton and Canaccord may be out of the shares they bought cheap last year. GP and Oldum are running a major deficit with there shares sales. The retail house interest have picked up in the past 4 months. Although the buying isn't huge (less than 1 Mill Net) there is some good interest on the street so the word is getting around slowly. There are now a lot of eyes on this stock waiting on news to jump on board. If you go back over the past year you will find that most of the stocks that did really massives runs (1000% on big volume) normally had a really big retail following before good news came out. When there is a big following and news comes out the stocks run like crazy as retail foke jumped over each others heads to get more shares....then the momentum players jump in and the papers pick up the story which sucks in more buyers. The two best examples of this are MCF and BII. The retail following on these stocks grew and grew as the stock flatlined and then one day news comes and POP. This is what I am hoping happens with JDX in the near future (minus the BII pullback <ggg>) It also looks like James Capel and DS are big players that are sitting back and waiting. Best Regards KEITH