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Microcap & Penny Stocks : IMMD - ImmuDyne
IMMD 0.215-2.1%Jun 21 5:00 PM EST

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To: Irene Lynn who wrote (986)6/10/1997 5:01:00 PM
From: RAY WACLAWSKY   of 1249
 
If you took 300k circulation and discounted it @ 70% that's 90k.

If you use a typical block of 5k sh, that's 450k volume; the other half is the trades between the MM's......they represent the 20k and 30k sales at the bid.

That's my take. I also sold a bundle into this rally.

All the best!

PS: Nothing doubles in two days without news (good) without someone willing to take profits. One thing for sure......I had an order in since the early morning to sell 30,000 sh @ 1 and only 2k sh filled; I had to go back and sell at the market which cost me 1/16!
These bastards sell you the stock quickly but are slow to but it back.
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