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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: Rocket Red who wrote (753)5/6/1998 6:27:00 PM
From: Ed Pakstas  Read Replies (1) | Respond to of 3380
 
red... A couple of things to keep in mind and an observation on my part...

---Have u noticed that in the past week or so, there have been some large bids posted on this puppy about 15 minutes before the close of the market???...

---Have you also noticed that those bids aren't there in the morning at the start of the days trading and that 99% of the time it opens with the bids lower than that of the previous day???...

--- Have noticed that Wolverton is strictly a net seller with virtually no buying...IMHO, either CC or Union is using them as a jitney house...

Just a reminder... There's a million options out on this puppy at .27...:-)...Now there hasn't been any apparent dumping on this puppy as yet, and if they are exercising their options in this price range, they are doing it gracefully and without blatant dumping.... I personally don't mind, cause the company insiders have the perfect right to do so in order to get more funds into the kitty...

But I gotta tell u, Larrabie is no angel either (TK/vse)...ed