SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Twin Mining (formerly Twin-Gold) -- Ignore unavailable to you. Want to Upgrade?


To: Famularo who wrote (34)1/17/2002 2:36:57 PM
From: bill  Read Replies (1) | Respond to of 613
 
Sorry, Frank, I'm being a bit thick about this. Late last
night the imbalance was 500 shares bid, 105,000 offered.
When the market opened today, the offer was pulled.
What looked like an overhang that would force the price
down disappeared.

I don't understand how this is related to options. If you've
got a moment, take mercy on my rain addled brain and
explain how options would fit into this scenario. I think
there's 47,000 shares traded so far. If people were
exercising options wouldn't the overhang still be there?
If they were exercising the options and wanting to cash
in the stock for a quick profit, wouldn't we have heavy
selling instead of the withdrawal of the shares for sale?

Frank, keep it simple. Just think to yourself this guy
has been on the Wet Coast for so long that he's got moss
for brains.