AppNet Systems, Inc. (APNT) Message Board

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Microcap & Penny Stocks : AppNet Systems, Inc. (APNT)

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To: DAY TRADER who wrote (51)	7/11/1999 5:29:00 PM
From: Mr. Aloha	Read Replies (1) of 232

It seems all the IPO flippers exited this one in the first 5 days the IPO traded. It was amazing to watch the stalemate at 12 on Level II the first couple days until the underwriters gave out on day 3 and the sellers took it below 9. Then the buyers came in. It seems the remaining stockholders are those who can't sell from the IPO and those who bought in after the flippers exited. If these new longs hold on, this one can take off this week as the buy recommendations come in after the quiet period ends... Mr. Aloha

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