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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?

To: aliveinsf who wrote (15835)	2/19/2003 2:13:48 PM
From: Bob V	Respond to of 16631

Looks like pump and dump. Insiders just took a private placement of shares at 76 cents. They also repriced outstanding warrents to a dollar and change. Although the new shares may be restricted from trading for a period of time that doesn't mean that if they manage to get the stock up to a couple of bucks they won't short the stock and cover when the stock is unrestricted or when they exercise the warrents. Just a few tricks I learned when trading pennies on the Vancouver exchange.