SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : PYNG Technologies -- Ignore unavailable to you. Want to Upgrade?


To: Grant MacMillan who wrote (1486)3/24/1998 4:52:00 PM
From: the Chief  Respond to of 8117
 
There was 15K on the buy side and 100 shares on the sell at market close!

the Chief



To: Grant MacMillan who wrote (1486)3/24/1998 6:46:00 PM
From: AriK-A  Respond to of 8117
 
Grant,

The late day trading yesterday and most of the buying today came from desk traders that KNOW what's coming up. As they have to cover their short positions to clean up month end accounts, they have no choice but to buy and since the average price over the last few weeks seems to be around the 5$ mark, volume is drying up. We should see a new resistance level be established around the 5$ mark during the upcoming week. In addition thereto, I don't know about you guys, but I noticed a couple shorters disappear (GBM , PRO TRADER) in a hurry. I guess they're trying to cover not only their short position but also their behinds.



To: Grant MacMillan who wrote (1486)3/25/1998 8:19:00 PM
From: Dugman  Respond to of 8117
 
I don't know about you guys but if I like a stock I tell people that I like it.
If there are people or groups that invest in the type of stock I like, I contact
those groups and say "Hey lookie here!" I don't tell them to buy but I do
buy stock it's merits so if they don't come up with the same conclusions that I
did I ask them to educate me on any misconceptions I might have.
This last week I have found about three mutual fund investment groups and
a couple of investment advisors and sent them PYNG's web address and
the phone numbers for Mr. Jacobs and the University of Maryland. The reason
I said I expected the stock to go up is these people should come up with the same conclusions that I did and buy stock.
Bet I'm right. buying more in the next couple days just because I like numbers with lots of zeros and commas. I figure I'll be seeing lots of both in the next few years.