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Microcap & Penny Stocks : Consoldated Capital Of North America (CDNO)
CDNO 0.002300.0%Nov 28 9:30 AM EST

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To: Barkley who wrote (757)8/12/1999 3:48:00 PM
From: InOverMyHead  Read Replies (1) of 1078
 
Just spoke with Jeanette and she told me that the PR has been postponed indefinitely. She did not give a reason for it. I put in a voice mail for Carl Cassareto to call me back. I will post what I find out.

what are the odds that someone actually came in and accumulated 1/2 the float in this stock, and the price doesn't stay up?

A company who is looking to secretly buy out a company could be working with an MM to keep the price down and scare away potential and existing investors. That is how a company could have 1/2 the float gone but no movement in price.

IOMH
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