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Agnico Eagle Mines Limited Message Board

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  • beartooth777 beartooth777 Jul 31, 2008 4:23 PM Flag

    time to buy

    they dumped a block of 70k or so at 3:40 for a flush but were
    buying it back by 3:50 to the close

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    • "They" meaning the market makers?

      Someday, they will just say Basta! about that market maker naked short exemption.

      Of course, AEM would have just about NO liquidity without its market makers, especially Fidelity and the Holmesettes.

      My only objection is, Why can't they allow the three and a half of us - or however many there are - who are NOT official market makers but have been here for centuries upon centuries in on at least a little bit of the action.

      We DESERVE it at this point.

      I mean that!

      • 1 Reply to blue_heron_97
      • you are right. but, half the fun is the game part. i bot yesterday after oil and the energy names started to move
        (figuring they would pull up lagging PMs). I sold my PMs
        on the pop this morning cause there was little follow thru with oil, but late today, I bot them back to play payrolls
        in the morning. usually energies and PMs bottom in august and sept but this year they have been beat so much, the bottom may come early. the dollar has been holding up.
        best to you. with AEM its always interesting that one day it can look like its falling off a cliff and then the next day be up 3-4 bucks in a flash

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