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Microcap & Penny Stocks : LASERPACIFIC (lpac)
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To: Bill Fortune III who wrote (498)10/2/2001 2:58:17 PM
From: Dale Baker   of 542
 
All I can guess from looking at the tape is someone unleashing some largish market orders (the one at 2:14 seemed to be about 18K shares) and letting the ask runup until he was filled, then waiting for the pullback before doing it again.

Wonder if we will see a similar runup at the close. The most interesting part is someone buying relatively large chunks (by LPAC standards) in the mid-5's - they must expect a move up beyond there.

Or someone short under 5 had their clock cleaned when they tried to cover in size.
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