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


To: EtTuBrute who wrote (4790)8/3/1998 2:05:00 PM
From: KMT  Read Replies (1) | Respond to of 25548
 
Gary:

Actually, the reason I think we're moving up is because you don't have the Canadian houses in there today. Typically, it's the Canadian houses that are allowing people to carry stock for 25 days only to sell them out at month end when they don't pay for it. This creates a lot of short term flippers buying out of Canadian accounts.

KMT

PS. Please note, this doesn't mean the people holding the accounts are necessarily Canadian.



To: EtTuBrute who wrote (4790)8/3/1998 2:14:00 PM
From: KMT  Read Replies (2) | Respond to of 25548
 
Gary:

FWIW, back in February we went from a $.17 low to a $.81 high in a
period of 9 trading days. Do you think we're about to see that again?

DATE CLOSING PRICE OPEN HIGH LOW VOLUME
------- ------------- -------- -------- -------- -----------
2/25/98 .680 .680 .810 .620 2,033,000
2/24/98 .680 .560 .710 .550 1,780,600
2/23/98 .540 .440 .560 .440 1,002,500
2/20/98 .460 .390 .490 .380 1,042,300
2/19/98 .400 .320 .410 .300 1,299,300
2/18/98 .330 .340 .340 .280 528,500
2/17/98 .330 .280 .340 .275 917,400
2/13/98 .280 .240 .280 .230 1,333,200
2/12/98 .230 .200 .230 .170 936,600

KMT