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Gold/Mining/Energy : Gallery Resources (Alberta GYR) -- Ignore unavailable to you. Want to Upgrade?


To: Smithy who wrote (1046)11/12/1997 6:30:00 PM
From: Kent C.  Read Replies (1) | Respond to of 1829
 
Hi Smithy,
I highly doubt it. I don't think you'ld see such an aggressive short covering, and I don't recall PI selling stock at .80+ (I could be wrong, I haven't checked the trades, but I think that would stand out, unless it was all through jitney trades). There are some rumours starting to circulate though. I've heard some interesting ones today, how about you!

Cheers,

kent



To: Smithy who wrote (1046)11/12/1997 9:04:00 PM
From: John Fairchild  Respond to of 1829
 
Hi Smithy, 6 million shares traded from Oct 12 to Oct 30.

Levesque was the biggest net seller over this period with 173k sold at an average cost of 0.80. This house also bought the last 10k shares traded today @ 0.59.
Greenline was the next biggest net seller over that period for 160k @
0.74.
Next is Midland for 156k @ .77
Then PI for 87k @ .74

I don't think todays activity was short covering except possibly by Levesque.

John



To: Smithy who wrote (1046)11/15/1997 7:22:00 PM
From: Richard Humphrey  Read Replies (2) | Respond to of 1829
 
Smithy: I think you hit the nail on the head! PI was short a whole SH**load and are covering in case of a pending GOOD news release next Tuesday or Wednesday of next week of this year.