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Microcap & Penny Stocks : USTI UNITED SYSTEMS TECH INC

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To: Mel Fox who wrote (971)3/14/2000 11:37:00 PM
From: orygun  Read Replies (1) of 1001
 
USTI - MM's walked this down abruptly after the opening bell on Monday. With a record 10M volume the day before it only gapped to .52 from .50 on Friday, which BTW was the high for the day. Record high - record volume - gap 2 cents! Is this what you would call manipulation or what? LOL! These kind of shenanigans will help make a bold appeal for some sort of ECN trading for OTCBB stocks. I really think its not too far away. We really only need a place to account for our trades.
Now on Tuesday, it's closed at .37 and is probably heading a little lower before support. I really thought it was going to open much higher on Monday. Now its selling at the same price as a lot of shells that have no business. So the story remains the same - undervalued. Let's see what transpires at the end of the month earnings. Could be interesting. This one is severely undervalued. Time will be the equalizer.
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