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Microcap & Penny Stocks : USBL (United States Basketball League)
USBL 0.2760.0%Jul 27 5:00 PM EST

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To: Jay Lowe who wrote (83)3/17/1998 5:51:00 PM
From: Jeff Harrington   of 146
 
Interesting how the packet quotes a BUY recommendation from someone
with the warning that it's got a "Low Float".

I'm starting to understand how a low float is dangerous:

1. MM's will have to short it, never allowing it to rise until you
have crazy mad volume.

2. MM's will play games with the price until above.

How do you get that kind of volume with Press Releases from an unknown company? It's like a chicken and egg thing. No one's going to buy until you have momentum up. No momentum up until volume is enough to crash the MM's games.

I'm long on USBL... that is once RNTK takes off... and I buy back in.

Jeff Harrington
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