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Microcap & Penny Stocks : IPVC - IPVoice Communications,Inc.

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To: bob oserin who wrote (177)6/15/1999 12:03:00 AM
From: Skip Henderson  Read Replies (1) of 275
 
Like I said before if, the volume on the way down was close to the volume on the way up I'd probably reach the same conclusion. I've been watching the transaction log very closely and there have not been big blocks of stock being sold off like they were being bought two weeks ago.
With so many people holding, it doesn't take much action on the sell side at market to run it down. Thurs we saw 1.5 to 2 cent drop on less than 250,000 shares sold. So some people are taking profits...and thats ok. With so much being held, when it starts to move up again there will be less to be sold on the way up and it could gap or move up quick. Sorry I don't have a crystal ball, just my opinion. Regards, Skip
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