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Microcap & Penny Stocks : Value Holdings (VALH)

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To: Bidder who wrote (295)7/16/1999 3:11:00 PM
From: InOverMyHead  Read Replies (2) of 1152
 
There could be a myriad of reasons for the movement today and not the other days. One poster mentioned that CCCC finally got off the ask price and that is the reason for the jump. That is logical. If you have one MM loaded with shares for sale, he could hold it down for some time.

A take off on the first explanation could be that the MMs were full at this point and decided to raise the price and take some profit. This could account for the ease in their walkdown. A good indicator of that would be to check the buy to sell ratio.

Joe C. would be a better person with an explanation than I would. These are just my opinions.

IOMH
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