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Gold/Mining/Energy : JAB International (JABI) -- Ignore unavailable to you. Want to Upgrade?


To: Jeffery E. Forrest who wrote (1066)11/10/1997 4:08:00 PM
From: Brian Pastor  Respond to of 4571
 
Interesting end-of-day. After late day spike up in volume and price that credibly threatened breaking the 1.5 high, the price backed off. 1.1 mm shares traded. Solid volume. Last trades amounted to 70k+ shares purchased at the ask 13/32 (and even some were obviously market orders where the buyer got screwed for a 32nd becuase the ask never moves but the trade went off above the ask). All in all, the heavy volume was encouraging, the spike is an enigma, and the small decline in price is expected (if not particularly liked). I was really hoping we would break the barrier today, but good things come to those who wait.