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Gold/Mining/Energy : Maxam Gold Corp. OBB:MXAM -- Ignore unavailable to you. Want to Upgrade?


To: Richard Mazzarella who wrote (6440)11/6/1998 12:55:00 PM
From: W.F. Schwertley  Read Replies (1) | Respond to of 11603
 
CHIP's last trade was more than MXAM's. A pretty sad indicator for MXAM IMO. But at this price I also had to buy some. The only place to go from here is up (the only question is will it be up or belly-up)!

WFS



To: Richard Mazzarella who wrote (6440)11/6/1998 1:28:00 PM
From: Char  Read Replies (1) | Respond to of 11603
 
Richard

I have Level II but it doesn't work on BB stocks. I can get time and sales but I can't figure out much from it other than there were a lot of trades with some good size. The largest trade I see is 80K but there are lots of 10-20K trades. I had a GTC order in my sons account for 5K shares at 1/16 that has been sitting there for a month. It filled this morning. The other trade was a 20K GTC at 1/16 that I placed last night and it filled as one order. This is either a gift or throwing good money after bad. Time will tell.

As for retesting the low, I really haven't got the slightest idea. Maybe the MM's were getting frustrated because they were trying to drive it lower and these MXAM die hards just kept picking up the shares. I may put another GTC in at 5 cents just in case.

Dave