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Gold/Mining/Energy : Clifton Mining (CFB-Alberta)-Silver Play -- Ignore unavailable to you. Want to Upgrade?


To: Dan P who wrote (361)5/18/1998 6:15:00 PM
From: steadyasyougo  Read Replies (1) | Respond to of 653
 
What happened to price of stock today?? Any news out?



To: Dan P who wrote (361)6/2/1998 2:33:00 AM
From: Martin E. Frankel  Respond to of 653
 
Dan,

I am not concerned about the price of silver, but I see two other negatives:

(1) A PR firm that seems incapable of bringing Clifton to the analysts, brokers, and public.

(2) A market maker (how many are there, BTW, in the U.S. market?) who is blatantly playing the worse games I have ever seen in 40 years of investing. I can only assume this MM shorted the stock. When was the last time you saw a spread like CFTN: bid 0.406 / ask 0.593? And can you imagine... 200 shares traded today... at the bid! All of U.S.$80 worth (minus commissions of course <VBG>). Or perhaps there were no commissions and this was just a MM sell to shake-up the common folks a bit? Wonder if they'll sell us stock at the bid? I doubt it if they're short... so squeeze them!!

And, BTW, I'm still long my 40,000 shares and intend to stay that way.

Marty