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Gold/Mining/Energy : Winspear Resources -- Ignore unavailable to you. Want to Upgrade?


To: The Fix who wrote (19766)6/2/1999 11:14:00 PM
From: Berry Picker  Respond to of 26850
 
" I suspect that some inside money is selling some
PP paper and taking some cash off the table before the Bulk."

Good Point.. Big money doesn't need to gamble their whole grub stake !

They probably don't want to pound it too hard with selling but if they don't get back their original investments and this thing went sour they could end up in the same financial bracket as me !



To: The Fix who wrote (19766)6/2/1999 11:16:00 PM
From: DonH  Read Replies (3) | Respond to of 26850
 
I assumed they were selling their own paper. A jitney of that magnitude doesn't make sense. Several months back I had checked through the previous 2 years house positions, and CC's role became clear. My original post to Sudhir was a reaction to CC's selling, however after rechecking the past years numbers again, I realized that selling a net 3.37 million shares in 17 months is not that significant when they also bought and sold another 42.91 million. They are doing what any prudent and shrewd speculative mining venture should be doing. As should its profit minded share-holders.
Having watched most of WSP's trades go by on the ticker the last several months, I am impressed with CC's skill. Buy when they buy, sell when they sell.

...Don