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Gold/Mining/Energy : Indo-Pacific Energy Ltd. (INDX) -- Ignore unavailable to you. Want to Upgrade?


To: shalom who wrote (689)4/20/1998 4:26:00 PM
From: Omar  Read Replies (2) | Respond to of 866
 
Clearly Guidi has learned several tricks that never fail to pump up a stock (TEPUF is up $.50 today): announce new exploration concessions for a company, even if it is merely moving existing rights from one of your companies to another; announce a stock split; and send out press releases. (Notice that finding oil does not appear on this list).

Now if I could only get him to transfer a couple acres to Durum Energy, and announce a Durum 2 for 1 stock split (which would put the price at about a dime!) I'd be in business!

Seriously though, does anyone know if it's possible to track insider trading ahead of these "transactions"? I think we all suspect these IREMCO stocks are being manipulated, but how does one find out if there are insider trading patterns ahead of these press releases? TEPUF has had a suspicious run-up ahead of this announcement--just look at its chart.

Sinking Deeper In the Hole,
Omar