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Gold/Mining/Energy : Magnifoam Tech MTG/ASE -- Ignore unavailable to you. Want to Upgrade?


To: JAMES BORECKI who wrote (47)3/24/1998 7:46:00 AM
From: STUART  Read Replies (1) | Respond to of 144
 
James;
I got my mail from Ms. Brooks last night.Thanks.Nesbitt bought 6300 more shares yesterday. Unusual to see the same name(Nesbitt) come up over and over.
I prefer to think of it as late "buying" rather than late selling,since the one buyer is picking up from 3-4 sellers,and the price was heading up. Then, the next morning, it would head down again,then back up as nesbitt bought late in the day.3 days in a row now,including yesterday.Nesbitt picked up at least 36,000 shares in the 3 days(I may have missed some at the start.)
I was wrong about friday.Nesbitt did pick up 15000 late,but it was at 3.58P.M. Toronto time.Yesterday's was a bit earlier than that.
Maybe it's one of the new people who just got rich when "the foam" bought their company, or possibly a fund.
It would be great if someone from the company or the I.R.firm got on this thread(hint,hint,if you're reading)Later,man.
P.s.-Saxon Small Cap and ROYAL BANK SMALL CAP are two funds that hold Magnifoam.