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Gold/Mining/Energy : Donner Minerals (DML.V) -- Ignore unavailable to you. Want to Upgrade?

To: Steelguy who wrote (4738)	5/22/1998 5:23:00 PM
From: william scott	Read Replies (1) \| Respond to of 11676

on many juniors you get retail clients buying big movers hoping to buy something and sell it a day or week or so later without paying for it, mostly at smaller brokerage firms. if the trade does not go their way and they end up sitting on it for a while at the end of the month the firm's back office makes them flatten the account by month end so typically on the last day to qualify before settlement at the end of the month you can see some pressure on some of these juniors which is not related to the stocks themselves. anyways these SVB stocks will continue to be very volatile throughout the summer for many reasons.

To: Steelguy who wrote (4738)	5/22/1998 5:35:00 PM
From: Ed Pakstas	Read Replies (1) \| Respond to of 11676

A lot of brokerage firms allow their clients to run 30 days without paying for their shares, especially the ones that we have nic-named the WCWH firms (I'll let John give u the def of that one...:-)...) Has nothing to do with tax-loss selling, it has everything to do with having a "flush account" (no debit) at the end of the month... If u have access to SW take a look at a 3 month chart and check out the trading action during the last week of April and then look at the day when the stock topped out at 3.00... Look at the trading action the last week of March and then look at the action on April 1...You'll see what I mean... If u don't have access to the Java Charts, maybe one of the guy's can post the closing prices from SW for the last 3 months... ...ed