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Gold/Mining/Energy : Maxam Gold Corp. OBB:MXAM -- Ignore unavailable to you. Want to Upgrade?


To: Richard Mazzarella who wrote (10982)11/7/2006 2:49:11 PM
From: paunch13  Respond to of 11603
 
Richard,
I have been trying to find out what is going on with the buying at .04, I even put in a sell order above the bid to see if they would buy above the bid and they did buy but they made it look like a buy instead of a sell. Dick doesn't know why the MM's would be buying all these shares at .04 without the bid dropping. All I could figure is that the MM's are filling their shorts , or they want a lot of Mxam for some other reason but either way it as a good thing for us.

John



To: Richard Mazzarella who wrote (10982)11/7/2006 4:54:01 PM
From: Findit  Read Replies (1) | Respond to of 11603
 
Richard I am the wrong person to figure out what the heck is going on with MXAM. All I know is my old standard of buying a few at .02 to .03 and selling a few weeks or months later at around .05 is not working lately. I have played this one for years and have nickeled and dimed it to death and have made some decent coin. My current position is not significant, but I consider it free shares. So my hope is that someone is accumulating all they can because they know something good is coming down the line. This is a wish only and not based on any understanding of what the mm's are really up to. Now if we can get some good news on DPBM, maybe we can make some coin on that one. Jim