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Gold/Mining/Energy : Yamana Resources INC. T- YRI -- Ignore unavailable to you. Want to Upgrade?


To: AL who wrote (1843)12/8/1998 9:32:00 PM
From: Daytek77  Respond to of 2346
 
Hi Al

Considering the fact there are 960 units by my account and they represent 8.7 million shares, todays volume is going to be the norm for a while. People are going to have different strategies about when they will convert. Some are already convinced Yamana is a winner so they chose to act on todays new. Others will wait for more confirmation. The bottom line is when was the last time you saw 600,000 shares traded and a virtually unchanged price? If this represented disenchanted sellers as some would have you believe this volume would have crushed the price.

Tony