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Non-Tech : Paradise Entertainment (PDSE)

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To: radames who wrote ()12/10/1999 4:54:00 PM
From: Jack Hartmann   of 208
 
Closed at $2.06. Too busy with other stocks to notice that a 33,600 SELL AT BID $1.50 WENT THROUGH. Someone immediately followed and bought 700 shares at ASK for $1.75. Another 3500 lot BUY went through at $1.968 at the ask.
There was a SELL of 17,600 at the BID of $1.82 before the 33,600 probably same seller. MM has to be holding a bundle of PDSE. Maybe some at loss. Was going to put a GTC, but bought an foreign ISP instead. This reminds me of buying KOOP in June. Everyone gave up hope and A@P was shorting. Doubled it in a month. I just want one day where the sells don't outnumber the buys. Thought today may have been it. Since MM made a killing on the $1.50 sell. Was thinking of trying a $1.75 limit buy and see what happens Monday. It gives the MM a quarter profit off the 33900 lot. The only trouble is that the seller may have some more to dump. Reminds me of 1994 when I could buy silver dollars for $4 all day. No one wanted the stuff. I think I am the only one on SI contemplating buying more. Just have figure out what to sell. Any longs got a better idea.
Jack
JackHartmann@siliconinvestor.com
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