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Microcap & Penny Stocks : SEDONA Corporation (SDNA)
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To: dropthatput who wrote (33)1/10/1997 1:34:00 AM
From: Jerry Rush   of 731
 
Thanks Mike.

I wasn't too thrilled to see the stock close at the ask, but I do notice that about a week after the initial move on volume in Sept. The second volume spike took it substancially higher.

Couple that with the knowledge that SCNG has very little institutional ownership (and didn't someone mention that price tends to lag news?) and it seems there's lots of opportunity for appreciation over the near term.

OTOH, my picks in '97 haven't been too hot yet.
And the basing that occurred at $3.00 might reappear here.
We shall see.

Jerry
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