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


To: Richard S. Gates who wrote (13625)5/11/1999 2:14:00 PM
From: Mike Gold  Read Replies (2) | Respond to of 25548
 
Richard, today's action could be any number of things but does not mean much due to the low volume. Here's a few guesses.
1)Typical MM tricks when low volume
2)People who bought and held for dividend now are selling
3)People who think there is not going to be a short squeeze-selling
4)Share price usually goes down after dividend-a considerable amount of the value of the company has now been transferred in the spin-off
5)Confusion around the short squeeze-ie ex-dividend date.
6)Lack of big players buying...is the House report out?

No worries, give things a few days. Cheers.