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Gold/Mining/Energy : Western Copper Holdings - WTC.T -- Ignore unavailable to you. Want to Upgrade?

To: div5226 who wrote (519)9/13/2002 11:05:35 AM
From: div5226  Read Replies (1) | Respond to of 754
 
Wayne

One more point. If my theory is correct that a block is being picked up by a fund
or some major player, then, following the transaction, which we would see as a
cross on the tape, the shares should soon move up even without any special
news. This is because players with major new positions need to justify their
acquisition.

Best to you



To: div5226 who wrote (519)9/13/2002 12:05:07 PM
From: TheBusDriver  Read Replies (1) | Respond to of 754
 
<<Whenever large positions are announced for sale there is usuallyan arrangement with a buyer which remains initially unannounced.>>

Yes I assumed this as well. However the PR appears to imply they will be on the market?

In anycase it depends on if the cross is on the bid or ask or below the bid or above the ask.

Still could be a buying chance for some I think. We'll see. Thanks for the post.

Wayne


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