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Gold/Mining/Energy : Canabrava Diamond -- Ignore unavailable to you. Want to Upgrade?


To: 1st.mate who wrote (1233)4/27/1999 1:23:00 PM
From: m.philli  Read Replies (1) | Respond to of 2402
 
Just one of those days Matey. I was awake all nite thinkin about the cnb/swg pp and subsequent sale. I just can't buy that "to conservative to venture a couple million short term". $30 mm invested somewhere at say 5%. That equates to what, an increase of 15 cents a share over 75 cent purchase price for one year! The stock goes up, even they sell at 90 they've equaled the best they can get in the money market.
Let's just for example, say they have turned up a large colored fancy in sampling river or pipe. No disclosure, swg takes a pp on this undisclosed information, is this trouble?. The same time they sell an equal amount, they can now say they didn't benefit from the info as they had no change to their holdings. Be interesting to see who was the end recipient of those shares!
Better get off and go to sleep before i'm in trouble with everybody-mike