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Gold/Mining/Energy : Medinah Mining Inc. (MDHM) -- Ignore unavailable to you. Want to Upgrade?


To: findstock who wrote (10030)3/10/1999 5:48:00 PM
From: Canuck Dave  Read Replies (2) | Respond to of 25548
 
I am loathe to blame MM's (i.e. "someone else") for my stocks tanking.

"Stocks are pushed up, but they fall down". There wasn't a flurry of buying after the announcement and it quickly deteriorated into 450K of selling. Nobody put in a 500K buy order at .40 to absorb all those shares, and it doesn't really matter who was doing the selling.

The subsequent rebound was nice, but it looks like we're back into the .3-.4 range again for a while.

CD