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Gold/Mining/Energy : Global Platinum & Gold (GPGI) -- Ignore unavailable to you. Want to Upgrade?


To: Ed Fishbaine who wrote (6149)6/11/1998 2:56:00 PM
From: Ed Fishbaine  Read Replies (1) | Respond to of 14226
 
To all:

I am puzzled by the trading in the past 8 or so days. Either there is a dark force supplying shares or there is some determined seller with a large position who wants out. But the interesting issue is that on the buy side there are some big block trades with the shares resistive to further sliding. I doubt that the buying is coming from old blood, already well-positioned because the buying from committed holders on the way down was always in small pieces. This time it is really blocks. So the hunch is that it is new blood. But from where?

So, does anyone out there have any idea where this buying is coming from? Would be most appreciative of an answer or even a theory.

Regards, Ed