GAAY - Triangle Broadcasting Company (was TBCS) Message Board

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Microcap & Penny Stocks : GAAY - Triangle Broadcasting Company (was TBCS)

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To: Joe Lyddon who wrote (473)	6/21/1999 9:01:00 PM
From: Theo	Read Replies (2) of 2118

Without level II I cannot say for certain. However, real-time does show the trade on a uptick so that makes me believe that it was a buy between the spread- and given its size and the time of day executed, I also suspect that it was MM induced (an MM that takes on private investor accounts and executes trades for that account). What I am puzzled about though, is I saw several large blocks go through today once momentum began building and even with 5+ mil trading (minus the MM accounting method) the price still remained relatively flat. Going over SI posts from April, I find that there has been a steady increase in the "reported" OS and float: April- 18 mil OS 12 mil float SI post 22 April 30 mil OS 12 mil float SI post 28 May 32 mil OS 15 mil float This one was a "spoke with Frank Olsen" post: Reply 144 June-and most recently 38 mil OS 30 mil float If someone has a valid explanation or can show me where I've erred in my thinking here, I'd love to hear it. In the interim, I will plan on contacting Triangle tomorrow and report back on any findings/responses I hope to receive. Theo;-)

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