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Microcap & Penny Stocks : IATV - ACTV Interactive Television

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To: Buzz Mills who wrote (587)9/17/1997 1:16:00 PM
From: anthony karpati   of 4748
 
Buzz,
I don't know what the MM are doing. If I did I wouldn't have brought the stock at the price I did. I'm just guessing that they want to see some action by lowering the bid. So far today it's not working, only 1300 shares traded.

I can't get into Yahoo finance right now, but under SEC filings, if I remember right, there are only 280 shareholders. Now I could be wrong, but if that is correct, alot of them are big shareholders. I don't think it matters to them right now what the stock is doing. It's just the little shareholder that's going to get rattled. I think Art is right, and the next few weeks this stock is going to be "like watching paint dry." IMHO this stock needs Texas, more PR and more stockholders to get it moving.
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