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Strategies & Market Trends : The picks

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To: Sam Armstrong who wrote (5338)2/18/1997 10:06:00 PM
From: Steven Messina,L.M.T.   of 6124
 
Re: PSTA

Sam...aroung 12:15pm, I saw a back to back trade of 10,000 shs, followed by a 5,000 sh trade 15 minutes later. I'm not sure if they were on the Bid or Ask side, but neither one of them influenced price movement, as PSTA traded like a penny stock today...and a lame one at that. Shawn had mentioned something about a problem involving warrants, hypothetical of course, and investors were a bit spooked, Supposedly that had a negative influence on the price. If all goes as Shawn says, PSTA should begin to climb back out of the rut she's in.
I really am not on the "know" side of this one. Sorry not to be of more help. Hang in there.

Steve
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