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Microcap & Penny Stocks : IMMM ( I'm Mad Monk)

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To: alchemy who wrote (791)5/16/1997 4:17:00 PM
From: David Wideman   of 1480
 
Interesting footnote (to me anyway):

According to my computer:
@ volume of 323,700, price = .19 (high for the day to that point)
@ volume of 324,000, price = .24 (26% increase)

Maybe that trade was coincidental with increase in bid/ask, but doesn't
it seem strange that a $72.00 trade would increase market cap by 26%?
Doesn't it seem strange that someone would buy $72.00 worth of stock?
Ain't life strange?

Marty, do you know many MM's it takes to shingle a roof?
3, if you slice 'em real thin.

Have a good weekend,
David
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