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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?


To: Buckey who wrote (8995)4/26/1999 10:02:00 AM
From: StockPro  Read Replies (1) | Respond to of 62348
 
GLE.T

In for another 1,000 at $9.35.



To: Buckey who wrote (8995)4/26/1999 10:04:00 AM
From: bugssy  Respond to of 62348
 
bought nlc 1.74 bii 16.00 hhl.a .75 just another note hhl.a does not have i hi volume of shares trading but in the next few days i think that will change keep an eye on this one just in case.



To: Buckey who wrote (8995)4/26/1999 10:05:00 AM
From: keith massey  Read Replies (1) | Respond to of 62348
 
You may be right about the margin calls on NLC. I looked a little closer at the sells and it doesn't look like fund dumping.

The company got approval for financing of $75,000,000 (U.S.) to be used for the acquisition of waste compactors in North America in Sept. There was a big run-up in anticipation of the purchase and further buying after the purchase was announced. They can spend the money on a purchase on any company and still has the money/financing. All of this dumping is because the purchases was cancelled. However I have heard it mentioned on both the Stockhouse and SI threads that they are looking at a couple of other deals right now. Since they still have this financing, cash and earnings I would be really surprised if this didn't bounce a little.

Best Regards
KEITH