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Gold/Mining/Energy : Twin Mining (formerly Twin-Gold) -- Ignore unavailable to you. Want to Upgrade?


To: VAUGHN who wrote (32)1/16/2002 11:07:07 PM
From: bill  Read Replies (2) | Respond to of 613
 
Hi Vaughn,
I'm watching TWG like a hawk. That'swhat made me notice
that the Bids are only 500 shares and the asks are 105,000.
That's a very large bias to the sell side. Is someone in
a hurry to get out? Or is someone playing premarket games?
One trick is to offer a large amount of stock premarket,
scare the amateurs, pull the asks just as the market opens
and get the stock cheap from nervous players who think there
is an avalanche of stock for sale.

However, when one sees such an imbalance, if it holds to
the opening, makes one wonder if there's some negative
news on the horizon.

I've been watching to make a buy but the price action is
a bit choppy so far. Nothing unusual in that when you're
in a waiting game. I'll keep watching. Keep us updated and
enthused.