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

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To: StocksDATsoar who wrote (23386)1/30/2000 10:09:00 AM
From: Lee Walsh  Read Replies (2) of 150070
 
One thing that I noticed with EISQ on Friday was that more shares were traded at the bid (bought by the MM's) than at the ask (sold by the MM's) I think that is one of the first times I have ever seen a stock trade that much volume and be up 100% with that happening... It was a significant amount more, 500,000 shares or so. I use qcharts, and you can track the volume at the bid and ask easily.

IMO, either the MM's are very short and were covering Friday, or they know it's going a lot higher and were trying to load up.

Lee
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