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Microcap & Penny Stocks : Centura Software Corporation (NASDAQ:CNTR)

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To: stockvalinvestor who wrote (1)11/13/1996 3:18:00 AM
From: null   of 2428
 
EVERYONE: Did you all notice the incredibly high volume today? Over
260,000 shares (266,800 to be precise!) changed hands today. This is
more than double Centura's running average! What is going on?

The four largest blocks traded today were 38, 37, and 20 thousand shares.

Also, I can't believe I just noticed earlier today that one of Centura's
directors (Anthony Sun) bought an additional 17,592 shares and he now
owns a total of 41,745 shares. What I find really interesting about this
purchase is not only that I somehow missed it until today, but that it took
place when CNTR was trading for $4 1/2 before coming back down to the
$3 range.

All that insider trading and market manipulation stuff notwithstanding, I
like the notion that someone inside Centura might have actually thought
that CNTR was *still* a good buy at $4 1/2 !

I can't wait to find out who sold/bought those big blocks today! Any ideas
on what may be happening?
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