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


To: gold$10k who wrote (16033)7/22/2002 11:55:01 AM
From: TrueScouse  Read Replies (1) | Respond to of 36161
 
vt:

<< SWG - continued huge volume and I would estimate that 80% of the selling has been through Canacrap... could be primarily one seller.>>

Looks to be continuing today, with over 150,000 shares and every one at $2.99 or $3.00. Take a look at my post on the SWG thread from a couple of months ago...

Message 17574658

At that time, the buyer of the shares being unloaded seemed to be Dundee -- i.e. transferring from a "weak" institution to a strong one. At some point these 3 m. shares are going to be exhausted and IMHO SWG will then really take off given the small float.

Regards,
Howy