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To: mr. campbell who wrote (4189)2/22/2000 2:10:00 PM
From: Condor  Respond to of 5053
 
Sure, will fix you up at the close.
Presently (surprisingly) Yorkton + 30K, Cannacord - 5K and Haywood - 28K. Net 3 houses, even.
It sure seems that they do not want this to be a daytraders game and are keeping the appreciation orderly and respectable. Hard to argue with that unless you're a daytrader.<gg>
But it's just a guess on my part, I really have no idea. Things can't go straight up every day ............damn. <gg>
Remind me at the close Rob.



To: mr. campbell who wrote (4189)2/22/2000 2:14:00 PM
From: Keith Minler  Read Replies (1) | Respond to of 5053
 
Good afternooon Mr. Campbell; Haywood have been net sellers big time for about a week, usually near the highs, so far today they have sold 28,400 and bought nil. They might just be liquidating the shares they accumulated last fall,(about 300K I think) supporting the price around $0.70, or they might feel we have topped out or they might be helping to keep the price down.

They are of interest since it is felt that they are one of the preferred brokerages for insiders.

I cannot see any advantage to keeping price down, not enough shares are trading to make big accumulation possible. If they are working on a financing then I would think the better the price the better the deal. Particularly since we are selling the sizzle, not the steak.

Nor do I think we have made a long term top, short term there may not be any news until after the name change, which means we might drift lower.

All in all I think that they are just selling the stuff from last fall, short sighted but what bad things can I say about brokers that we all don't already know.

Later

Keith

PS I'll post significant house positions tonight.



To: mr. campbell who wrote (4189)2/22/2000 2:19:00 PM
From: Crazy Canuck  Respond to of 5053
 
>>I don't have access to great market depth however every time I take a look today it seems Yorkton, Cannacord, and Haywood are attempting to keep things below $3.00. Any thoughts? I wouldn't mind knowing the houses positions after the close.<<

Haywood has sold 28,400 shares @ an average of $3.00

Cannacord is currently almost even for buys and sells.

And Yorkton has made about ten grand on the spread between what the shares that they have passed out and taken back in. After taking into consideration those wash trades, they are also a Net Buyer of plus 30,000 shares so far today. My take is that they see this as a buying opportunity.

So far today, Nesbitt is the top net buyer with ~30,000 shares purchased.

Crazy Canuck



To: mr. campbell who wrote (4189)2/22/2000 7:47:00 PM
From: Keith Minler  Read Replies (2) | Respond to of 5053
 
Hi Mr. Campbell, I couldn't figure out how to cut and paste house positions from CSW so here is a brief summary.

For today highest net sellers:

Cannacord 142,145
Haywood 117,300
Scotia 46865
Yorkton 36584

More interesting is the 10 day figure

Cannacord 278,559
Haywood 242,500

next players drop down to the 50k range.

What is interesting Cannacord also has a lot of buys, they have bought 400k, so they have been doing a lot of trading.

Haywood has bought only 44,200. They began to sell on the 11th which is about when we crossed the $2.00 mark and have been hitting nearly every spike all the way up. One of the few buys was at $2.16 on the 17th, which brought an end to that days panic.

It appears to me that they are not trying to cap the market but are merely liquidating last falls position.

Later

Keith

PS: I of course think they are selling way too soon!!

PS2: If anyone knows how to cut and paste house positions from CSW, Please let me know.