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To: 1st.mate who wrote (2681)1/29/2001 5:17:26 PM
From: Fred C. Dobbs  Read Replies (1) | Respond to of 4065
 
Why do you see large crosses before a run up on a stock?? What is the function of same and utility?

Here's an example of one that didn't.

cdnx.ca

This is why though

http://www.cdnx.ca/Notices/NoticeDetail.asp?NoticeId=69617

HAWKEYE VENTURES INC. ("HAK")
BULLETIN TYPE: CPC-Commence Trading
BULLETIN DATE: January 25, 2001
Tier 2 Company

This Capital Pool Company's ('CPC') Prospectus dated December 14, 2000 has been filed with and accepted by CDNX
and the Alberta Securities Commission effective December 18, 2000, pursuant to the provisions of the Alberta
Securities Act. The Common Shares of the Company will be listed on CDNX on the effective date stated below.

The Company has completed its initial distribution of securities to the public. The gross proceeds received by the
Company for the Offering (2,000,000 shares at $0.20 per share) were $400,000.

Immediately prior to commencement of trading, a cross will be reported through the facilities of the Canadian Venture
Exchange to reflect the prior distribution of 2,000,000 common shares at $0.20 per share, sold pursuant to a prospectus
dated December 14, 2000.

Commence Date: At the opening on MONDAY, JANUARY 29, 2001, the Common shares will commence trading on
CDNX.


Corporate Jurisdiction: Alberta

Capitalization: Unlimited common shares with no par value of which
3,000,000 common shares are issued and outstanding
Escrowed Shares: 1,000,000 common shares

Transfer Agent: Montreal Trust Company of Canada - Calgary
Trading Symbol: HAK
CUSIP Number: 420205 10 6

Sponsoring Member: Octagon Capital Corporation

Agent's Options: 200,000 non-transferable stock options. One option to purchase one share at $0.20 per share up to
July 29, 2002.

For further information, please refer to the Company's Prospectus dated December 14, 2000.

Company Contact: Richard A. Boulay
Company Address: 400, 606 - 4th Street SW, Calgary, AB, T2P 1T1
Telephone Number: (403) 243-9500

________________________________________

I guess the market then decides what you're company's worth when you start trading that day.

Hope this helps.



To: 1st.mate who wrote (2681)1/29/2001 11:51:52 PM
From: Jimsy  Read Replies (2) | Respond to of 4065
 
Crosses - sometimes a brokerage house such as Nesbitt will accumulate stock from their clients who want to get rid of it and then cross that stock to Sprott for one or a few of their clients on a prearranged basis. So one group of clients wants to get rid of the stock, another wants it, and the 2 brokerage houses arrange it.
Sometimes you can sniff out the reasons why one is selling the other buying, and of course if you are going long, usually more imp to go after why the guys is buying.



To: 1st.mate who wrote (2681)1/30/2001 7:50:09 AM
From: 1st.mate  Respond to of 4065
 
As always, the people on this thread are very helpful!!! Thanks

One more thing, My key board prints 2 letters every time I touch it. Is this adjustable??? (LOL) this is a truth.
Matey