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Gold/Mining/Energy : Nuvo Research Inc -- Ignore unavailable to you. Want to Upgrade?


To: Joe Krupa who wrote (8592)1/30/2002 3:34:43 PM
From: DaveAu  Read Replies (2) | Respond to of 14101
 
Joe,

<<Draw was cancelled on Thursday, and yesterday was a little house cleaning to balance the books for the shares they will be taking for days the draw was in effect.>>

Perhaps we're trading below the minimum set for this draw and RK hasn't chosen to lower it.

On the TSE 300, it was a non-event when DMX was added, so I doubt it will make much difference when they're removed. Bigger things will make us or break us.

Dave



To: Joe Krupa who wrote (8592)1/31/2002 10:01:27 AM
From: Cal Gary  Respond to of 14101
 
Hi Joe, good point about the house cleaning and observation.

Anything is possible, it would appear DMX and Aqua's agreement is "fluid" and they are sensitive to the level of demand and supply of the shares at the moment.

For the time being, I'll stick with the stock price is below the floor price. Definitely a Tuesday house cleaning.

TK, Dundee are the houses to watch.

Another scenario that hasn't been discussed yet, perhaps because of the high quality of the villager's banter here <snort>. <BTW Learnt that from Wolf, Snort, snort>

What a prime position TK, Dundee and maybe ITG are in. Assume:
1. Draw is in progress, an agreement
2. A large draw is the end target
3. FDA approval letter is published (Alternatively, replace with "JnJ signs with major upfront dollars")
4. Upon the FDA approval letter, DMX emerges from its caccoon as the beautify butterfly we all expect!

5. The 3 Bandits immediately cross the remaining draw to each other end of day, lining their own funds and holdings based on a 100% risk free FDA News Release. No need to elbow each other on the street with you, me and other institutions. Why not, the FDA NR satisfies their fund criteria.

Here's to dreaming. <snort> <snort> <snort> <snort>

F.D.A.eh! <snort> <snort>