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Microcap & Penny Stocks : MXMX MediaX Corporation

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To: Sly_ who wrote (203)7/29/1997 11:19:00 AM
From: (Bob) Zumbrunnen   of 955
 
I suspect it was an All or None order at a limit of 1.1875. Otherwise, they would've definitely filled some of it, raised the Ask, fill some more, etc, until that guy ended up paying $2.00 for some of his shares.

The part that puzzled me is that they didn't raise the Ask *after* that trade. Looks like they have now, though, in the face of more buying.

Current activity is telling me that there are folks out there who actually *believe* news is coming today. Nothing yet, but I sure hope they're right.
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