ADOT - BIOMODA: Profitable Technology with Purpose Message Board

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Microcap & Penny Stocks : ADOT - BIOMODA: Profitable Technology with Purpose

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To: Richard H who wrote (623)	3/18/1998 5:46:00 AM
From: unregmarket	of 4650

Richard - Looking at the 1-day charts from the past 2 days, it appears that at least 65% of the action is on the buy side with a late downtick at the day low. If today opens up with a large purchase in the first couple of transactions like Monday and yesterday, to me it will confirm market-maker activity gobbling up the cheap shares after setting up the end of the prior day. This theory will be wrong if, over the next 2-3 days, ADOT doesn't move significantly as a result of the # shares already having changed hands. I am not entirely sure that the float is only a couple million shares ... float coulsd easily include what some perceive is in "strong hands". Personally, I'm getting more if they are available < .30 this morning. Rick M.

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