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Microcap & Penny Stocks : JAWS Technologies - NASDAQ (NM):JAWZ

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To: Senator949 who wrote (2691)11/19/1999 1:58:00 PM
From: eric deaver  Read Replies (2) of 3086
 
Robin,

What news? If these people had gotten so-called insider information, today's news was nothing spectacular and does not justify the buying that has recently taken place. I think the recent run is more attributable to institution buying after becoming fully reporting. The date of full reporting status is really when the most recent run began. IF I am right, we will see a steady rise (with a dip here and there) over the next few weeks. If you are right, the spree is over and we will see a steady slide. Today's action so far suggests that I am right and we are simply seeing typical short-term traders taking profits followed by continued buying pressure.

FWIW,

Eric
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