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Microcap & Penny Stocks : IATV - ACTV Interactive Television

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To: Manish Jain who wrote (2803)9/15/1998 8:29:00 PM
From: ed doell   of 4748
 
>>The
financing news alone could not have caused the selloff, or is there
something else that we don't know about?<<

****

Manish, I can see how you might wonder that. It's plausible.

So far as I know, there is nothing other than market dynamics and psychology (the psychology drives the dynamics, and then the dynamics drives the psychology, etc., etc.) .

Look at today's intraday chart, and you'll see that the big move down happened all at once in the first hour or so, and afterward the stock caught support technically at 2 5/16 x 2 11/32.

Today I bought more at 2 3/8.

Ed
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