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Gold/Mining/Energy : ARP - V Argentina Gold -- Ignore unavailable to you. Want to Upgrade?


To: tanoose who wrote (2569)2/6/1999 4:29:00 PM
From: russet  Respond to of 3282
 
Ray and Frank:

Salman has been a big player for several weeks at least. Buying 700,000 shares and selling 1,000,000 shares since Jan 20. Prior to that in the period Dec31/98 to Jan 20/99 they were about even at 600,000 shares bought and sold. Yesterdays selling was more than half of Arps volume for the day and Salman was about even with buying and selling for the prior 3 weeks.

Somebody with 300,000 shares must have bailed, but they sold to lots of different houses. Frank points out that someone at Nesbitt likes the shares. I predict somebody was right, and someone was wrong. Any theories?

Since Jan20/99:
Loewen moved 5,000,000 shares(net buyer..800,000 shares)
Nesbitt moved 2,800,000 shares(bet buyer..390,000 shares)
Bunting moved 5,500,000 shares(net seller ..400,000 shares)
Cannacord moved 2,000,000 shares(net seller..170,000 shares)
Salman moved 1,800,000 shares (net seller..300,000 shares)
but we know all of that net selling came yesterday.

russett