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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: nspolar who wrote (9434)3/15/2002 12:35:22 AM
From: gold$10k  Read Replies (1) | Respond to of 36161
 
nspolar,

You've got about twice as much MNP as I do. The price came down and volume went up today as Gundy renewed selling of what I imagine are the remainder of Carpenter's shares. I guess they got smart and decided to let the price rise some before dumping more of their load. It seems like they've been putting it on the market in 50k and 100k blocks in an attempt to exert less downward pressure on the price. I see this as a buying opportunity since Gundy's selling (which created the current extreme undervaluation) will eventually be done and then I would expect the price to rise in a more consistent way. It's still my favorite moonshot and looks like a no-brainer from here, but I've been wrong before. <g>

Regards,

vt



To: nspolar who wrote (9434)3/15/2002 8:14:58 AM
From: TheBusDriver  Read Replies (2) | Respond to of 36161
 
I'm afraid all you "big" boys in MNP will trample on this little guy with 100K when the time comes......

Wayne