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Technology Stocks : SWMCF- Making a comeback this week.
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To: Ed Newman who wrote (119)7/13/1996 8:22:00 PM
From: olduser   of 278
 
Ed-

I don't know about the sell price, but the "real" buy price
remained constant throughout the week at .55(I tried
to but some at .50 and was not filled).

Trades on the BB are not necessarily reported. As a graphic example,
on Thursday I bought 5000 & a friend got filled on 13,500
of a total 25,000 buy(@.55). The total shares reported that
day was 3000.

On an average week lately, SW has been trading 300-500K shares.
After BIG news, I would estimate that 1-2Mil traded last week.
The total shares reported last week was something like 25,000.
Who bought all those other shares? I think the insiders did.

Why hasn't the stock gone up? I think the insiders and
institutions are now really in control... accumulating
all those sold shares... waiting for
the BIG NEWS. What will happen when the big news hits?
They'll hold and hold til the bid tops $2 at least.
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