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Gold/Mining/Energy : ARAKIS: HIGH RISK OIL PLAY (AKSEF) -- Ignore unavailable to you. Want to Upgrade?

To: J. M. Burr who wrote (7694)2/1/1998 10:33:00 AM
From: Zeev Hed  Read Replies (2) | Respond to of 9164
 
JM, that 300,000 shares block was made at the low of the day (2.125), thus I am not so sure it was a purchase, it could have been a sale and the MM has been busy since then spreading these shares out at a slightly higher price. Soneone here said it was an insider buying, but I have not seen any independent proof, and it is unlikely that such a big block would be let go without the MM accumulating it at lower prices. The MM has to eat as well.

Zeev



To: J. M. Burr who wrote (7694)2/1/1998 11:01:00 AM
From: Razorbak  Read Replies (1) | Respond to of 9164
 
Tumbleweed: <<I am surprised that AKSEF investors do not understand that both Eritrea and Ethiopia are presently enemies of the Khartoum government.>>

That's a pretty broad generalization to make with any real conviction, don't you think???

Razor


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