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Biotech / Medical : MRINF /NQB Medical Resorts International Inc -- Ignore unavailable to you. Want to Upgrade?


To: swot who wrote (11)10/28/1998 10:03:00 PM
From: jocko  Read Replies (1) | Respond to of 33
 
Hi Marty.....I have had this one bookmarked since Luc started it.

I know buddy follows this but most of us don't usually post on 2 threads.....
Thanks
Jocko

BTW.....if ya didn't see Topcat today:

Subject: Update from Top Cat...

LeRoy,

I have been busy but I wanted to bring to everyone's attention the
trading pattern of MDRE over the last three weeks... excluding the day
the US listing was announced (September 29), MDRE has traded over 10
million shares (including today)... my opinion is somebody is
accumulating in front of OTCBB listing, 1st year financials (due out
likely next week) and finalization of chelation acquisition... I didn't
want anybody to miss out on the fun nor did I want anyone to think I was
out of the play (far from it...)... my sense is that a new cycle is
about to begin as tomorrow is the last day for the 30 day trial Pink
Sheet listing and the audited 1st year financials will allow Form 211 to
be filled for an OTCBB listing (this is critical to increased buying in
the US)...

MDRE closed today at $0.125 on 530,300 shares... I thought this was an
appropriate time to bring to everyone's attention a change in MDRE's
trading pattern... yet another Market Maker has joined the game in
Canada, this has resulted in such competition that the bid/ask has even
gone to the half penny... this is ridiculous but it looks like this new
MM does want to play by the rules of the other MM's, so in order to buy
stock, they have gone to the half penny bid... it even looks like this
MM is building a long position.... today was a classic example of
accumulation by somebody, for over 4 hours the price was bid $0.13 as
the buyer waited until sellers filled the order, (this is very
indicative of an accumulation pattern and I take this to be bullish
trading)...

Top Cat

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