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Gold/Mining/Energy : Medinah Mining Inc. (MDHM) -- Ignore unavailable to you. Want to Upgrade?

To: Hugh M. who wrote (3225)	6/10/1998 12:43:00 PM
From: J. Nelson	Read Replies (1) \| Respond to of 25548

Hugh M. Did you ever take a look at the volume pre a move here? Back on the 20th of May to the 4th of June you may find the answer as the avg. is .30 cents on volume of about 5,832,600 trades. Yet from 6/5 to 6/9 the volume was about 5,353,400, that provides for 479,200 shares to drop the price and still be in profit of about .05 cents over the average of .30 ... Point is someone is buying and someone is selling in a price range and making money a lot of money! May be some of the reason she will not move up and hold as way to many folks took lessons from the last few years of teaching by the master of stock 101 class. IMVHO and hard to say but some people just like to loose money and when they make some you hear of it loud and clear. Did you see all the fear posting over the past week from that high of .49 we had? Seems strange that some would come out and post just to get back there sells at a cheeper price. Well IMO that is one thing yet the MM seem to help the flow with a bid ask spread of .05 to .07 cents at times. Seems a tad bit wide to me, on a .35 cent stock. There should be a law agin such action! It's bad when you get to a crap table yet this is much, much more of a game of chance. So time to sit back and see the last of that 479,000 go through and find out what the next low will be, with or without news as it seems like the company wants to hold back the issue with lack of it at times. Matter of fact did anyone ask WHY??? or do they talk in circles only?