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Gold/Mining/Energy : Big Bear Exploration BDX -- Ignore unavailable to you. Want to Upgrade?


To: Tupulak who wrote (34)2/25/1999 7:16:00 AM
From: Buckey  Read Replies (1) | Respond to of 77
 
One has only to look at the depth after the day orders cleared from yesterday - 8k on the offer to a BUCK.

That tells me that this is thepro traders running this. Smae thing yesterday. Now this could also be Mutual funds unloading but I beleive that this is a determined effort and we may also see a quick rebound ( We may not) - These high debt players are particularily vulnerable to sustained low prices.

One other thing - If there are some major issue surrounding the valuation of the Blue Range assets then I would suspect that the former directors of Blue Range may be liable - Bout I assume these same directors are now directors of BDX.