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

To: Larry Brubaker who wrote (6373)6/25/1998 11:28:00 AM
From: Zeev Hed  Respond to of 14226
 
Now the volume has gone to 84,000 and the ask is still not budging, this buying spree will be dissipated and we might not even get a pop out of this news release. That is a bad technical sign. Whether these are the "dark forces" or a big investor finally throwing in the towel, I do not know. It would have been nothing for the MM to let the ask rise and short into a news release induced rally. The fact that they have not, indicates to me he is distributing someone else's inventory. Not very promising. How about analyzing the news release and seeing that there are too many holes in it.

Zeev



To: Larry Brubaker who wrote (6373)6/25/1998 11:30:00 AM
From: Bob Walsh  Respond to of 14226
 
Larry: Zeev and Tim are busy playing scientists.

Could it be that the MM sold the 60,000 share block to himself or a fellow MM just to show no upward pressure??

Regards,
Bob


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