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Gold/Mining/Energy : Royal International Venture RIL.V (was Labrador Int'l LAB) -- Ignore unavailable to you. Want to Upgrade?


To: The Fix who wrote (476)3/17/1998 5:19:00 PM
From: Ed Pakstas  Read Replies (2) | Respond to of 3380
 
>>>Does Union really believe in LAB or Are they just throwing out
their financing paper to their clients.<<<

I highly doubt it...

1) If they are throwing out their financing paper they have to be
doing it via jitney trades...

2) Since they have been doing most of the buying the last few trading
days, that would mean that they are buying back their own paper...
That's called wash trading and as we all know that's highly
illegal and most vehemently frowned upon by the the governing
bodies...

03/17/98 - 9 Trades for LAB

Ex Time Price Change Volume Buyer Seller Marks

V Mar 17 13:29 0.40 -0.01 500 077 Union 077 Union T
V Mar 17 12:58 0.36 -0.05 18500 077 Union 024 Jones Gable T
V Mar 17 10:42 0.37 -0.04 30000 077 Union 063 Levesque T
V Mar 17 10:33 0.37 -0.04 17000 077 Union 029 PI T
V Mar 17 08:34 0.40 -0.01 8000 035 Canaccord 082 DS T
V Mar 17 08:33 0.37 -0.04 3000 077 Union 063 Levesque T
V Mar 17 08:19 0.37 -0.04 5500 029 PI 063 Levesque T
V Mar 17 08:16 0.35 -0.04 300 077 Union 018 Georgia Pacific E
V Mar 17 08:16 0.37 -0.04 3500 029 PI 018 Georgia Pacific TW