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Gold/Mining/Energy : Donner Minerals (DML.V) -- Ignore unavailable to you. Want to Upgrade?


To: Buckey who wrote (2733)1/6/1998 11:08:00 AM
From: the Chief  Respond to of 11676
 
John, It sure is suspicious, isn't it!! I didn't like this runup, it was bsed on nothing.(besides, I missed it !!) Another example were two of my Oil trusts. Enermark ran up from $5.75 to $6.50 even though oil was predicted to be flat to lower. I thik we saw some big money players stocking up. I don't trust some of these brokerages, they seem to recommend a stock then sell into the ensuing rally. Some of these guys even sell into their own shorts. They run the stock up on large buying, then sell into the market driving it below the level they shorted at. Take a look at NDT ventures.

I think it will pull back, but I'm not sure how far, I'm sticking with my prediction.

the Chief



To: Buckey who wrote (2733)1/6/1998 11:15:00 AM
From: Buckey  Read Replies (1) | Respond to of 11676
 
It had slowed. Then it went from $1.28 to $1.22 in a few minutes. This was after it opened at 1.32 and had been down to 1.25ish within a few minutes of open.

After the 1.22 it rallied again to 1.26 and slowed. I would have guessed a low of 1.10 today and closing at 1.15. Now. I am not so sure.

FYI: cross of 100k of NAI by CT international at $1.06.

After watching the first almost two hours, I am guessing that this will bounce around the mid 120s to 130s today.