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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: SSP who wrote (11191)10/7/1999 8:58:00 AM
From: Mr Metals  Read Replies (1) of 150070
 
The internet CATVE news is spreading like wildfire tonight regarding a major buyout of the CATVE ticker symbol. This would immediately bring CATVE's trading price to incredible heights and as word spreads tomorrow, all will be trying to accumulate at these sub-penny prices, especially with the alleged naked short position. We saw the initial indication of where CATVE's price is headed when it quickly started rising in the afternoon once the trading public caught wind that CATVE (with the "E" droppped) will still be tradeable regardless of a pinksheet status or alleged fully reporting status by the entity purchasing the ticker symbol.

All of the groups that we are affiliated with were trying to buy literally millions of CATVE shares and none of these buys were executed. We actually put in an order to purchase 500,000 shares at .0055 and it didn't get executed (even though our screen showed .0055 at the ask for the entire hour). Our broker indicated that the ask was actually .00555 and this is why it wasn't executed. Obviously, the market makers were doing everything possible to avoid selling these shares to us (knowing this 5th digit is generally only available to brokers). Each time we raised our limit, they would raise the ask price. This same scenario has been reported all over the BB's today.

We have an extremely volatile situation here and a price explosion is imminent today.

Please trade at your own risk, but it appears that CATVE is going way, way up today!

Sterling W. Remington
Remington & Associates, Inc.


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