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Gold/Mining/Energy : Kensington Resources Ltd. (V.KRT) * Diamond in the rough! -- Ignore unavailable to you. Want to Upgrade?


To: agiak who wrote (2808)9/30/1998 10:11:00 AM
From: Michael Mc Donough  Read Replies (1) | Respond to of 5206
 
Agiak...this is all one cross in my opinion. If you look at the time of all the trades by Global, they took place within two minutes of each other. It seems to me they had set the price of the 110,000 share cross at .20. So they cleaned up the shares that were at .18 (7500) then at .19 (11000), then .20 (6000). So the amount they bought from the market is a joke...this amounts to a whopping $4,640. Then the l10,000 cross took place. If anyone bought 24,500 shares at the market, they would move the price (today anyhow) to .25 cents.

Average Joe maybe your right. Maybe they are picking off shares throughout the month at .12, .13 etc, then crossing them at the end of the month for a five or six cent profit.

MM