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Gold/Mining/Energy : Zappa Resources ZPA vancouver -- Ignore unavailable to you. Want to Upgrade?


To: The Fix who wrote (576)9/3/1998 2:29:00 PM
From: dean poets  Read Replies (1) | Respond to of 3198
 
It is kinda strange to see that when Zappa has a potential announcement coming out, the crooked bastards who have been knocking us down on 500 shares a trade sit on the side? It was kinda nice to see a realistic ask price for once! It has been awfully easy for those crooked brokers to hold us down, as the volume has been so low.

Hey I noticed we traded an odd lot of 300 shares @ 42 cents! Heck the Silicon Investor Quote service shows us up 110%. It is amazing that people have had the chance to purchase shares under 20 cents for quite some time. Yet they have sat on the sidelines figuring they will get in once it shows some action. Yet as soon as the action appears to heat up we get an ask of over 50 cents!

Dean
PS. Once the volume picks up on this little Gem, we will easily see a buck or two!



To: The Fix who wrote (576)9/3/1998 7:54:00 PM
From: dean poets  Read Replies (2) | Respond to of 3198
 
Hey Guys, I'm looking for opinions on the 200,000 share bid by Levesque @ 17 cents per share? Good or Bad?

Fixer has talked about a practise by stockbrokers called "boxing". If the broker is trying to accumulate, he will place a large sell order just above the market price. This will usually cause a lot of day traders to quickly sell at lower prices. This is when the broker starts accumulating the cheap shares. On the other side, a lot of times when a broker goes to sell, he will place a large buy order a couple cents below market price. The average investor sees this and starts buying because of the support below.

I'm not saying this is happening for sure, but I'm just a little suspicious cause today Levesque was the big seller above 20 cents. I'm sure they get a lot more information from Cambior than even Zappa gets.

A long time ago Al & Bo Brain were making comments about us investors being on the bottom of the investment food chain. I used to think they were wrong, but I guess I was wrong.

Dean