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Microcap & Penny Stocks : CTIG
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To: Johnny Stone who wrote (229)8/5/1999 11:15:00 AM
From: GARY P GROBBEL  Read Replies (1) of 319
 
We have had a quick 40,000 go by here btw 10.53a and 11.07a...all buys it looks like...stock is ticking up a bit at .50/.53.

Numbers are good and getting better and CTIG's sector is strong right now. As they move into 'convergent internet billing' there is going to be some broadened interest in this company. Thus far mgmt has done almost exactly as they indicated they would do and have delivered the numbers on the nose as well. Some of the risk here has been mitigated and the reward side of the ratio is very promising in my opinion.

EDIT:::::CTIG hit .75 intraday 7 or 8 days ago on very strong vol of 235,000...that was new 52wh. When you make those kind of price and vol imprints on a chart the stock customarily sells off a bit and then resumes a climb thru the recently set high and continues to perform...setting new price and vol benchmarks along the way. That, at least, is the classic presentation. Hope CTIG likes the classics.

gpg
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