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RE: Re: Re: [sharechat] EPH - what gives?


From: Rhys Lewis <rhys.lewis@zivo.co.nz>
Date: Wed, 12 Jul 2000 10:36:43 +1200


It certainly makes me suspicious.
 
However on the bright side, I bought them a month or two ago when they were 31c, so the big question is where this thing is going to level off. 
 
Things seem to have settled at .36c for the last 20 minutes, but the buying certainly hasn't stopped:
 
9:24 $ 0.300 408200
9:29 $ 0.340 5750
9:29 $ 0.340 6000
9:29 $ 0.340 16500
9:30 $ 0.340 18750
9:30 $ 0.340 1250
9:30 $ 0.340 10000
9:31 $ 0.350 10000
9:31 $ 0.350 15000
9:31 $ 0.350 8000
9:31 $ 0.350 4000
9:31 $ 0.350 3000
9:31 $ 0.350 25000
9:31 $ 0.350 4000
9:39 $ 0.360 3000
9:41 $ 0.350 21940
9:41 $ 0.360 15500
9:42 $ 0.360 1500
9:42 $ 0.360 13600
9:44 $ 0.360 8340
9:44 $ 0.360 10000
9:44 $ 0.360 10000
9:51 $ 0.360 10000
9:52 $ 0.360 1660
9:52 $ 0.360 5000
9:52 $ 0.360 3340
9:53 $ 0.360 1660
9:53 $ 0.360 8340
9:56 $ 0.360 1660
9:56 $ 0.360 4000
 
-----Original Message-----
From: Steve Moxham [mailto:steve@ezysurf.co.nz]
Sent: Wednesday, July 12, 2000 10:16 AM
To: sharechat@sharechat.co.nz
Subject: Re: Re: Re: [sharechat] EPH - what gives?

EPH up another 3c this morning to 36c. A 9% gain on good volume. 
24 hour return to 10:10am = 38%.
Pending a public announcement that could be viewed "positively" by the market the recent activity in EPH shows remarkable timing on behalf of the purchasers. Regardless of whether there is unscrupulous activity taking place it does raise your suspicions of insider trading. WHO is buying and WHY now? In the absence of an adequate response to these questions its easy to see why 80% of investors perceive insider trading to be a problem in NZ.

 
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