MIDL .... A Real Sleeper Message Board

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Microcap & Penny Stocks : MIDL .... A Real Sleeper

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To: Stretch who wrote (7)	9/18/1997 7:29:00 PM
From: Ga Bard	of 7039

Basically it appears to a have a short trader trying to cover. Typically when the bid is this far apartsomeone was caught on the last rise. Looking back at the trading report I see where the buying power took this stock by surprise on good news. Remember this stock was setting at .25 and slowly began to rise on a small volume of 4000 shares on 8-21-97 after a great volume of 35,100 shares on the 8-15-97. Now this company looked dead and about to cose their doors when suddenly Steven's efforts began paying off. Fight as they may the price rose to an ask of 7/8 on the 9-5-97 where it was immediately knocked back down with some interesting blocks. We have that situation on a few others stocks we all are very comfortable with. This stock I believe cannot handle another buying spree ... it will force the someone to cover and this stock will soar. News releases and what not as you study this company are going to nail this short trader ... today the MMs were squaring off at the bid side. REMEMBER you can call for certificates however another way to catch a short but slow steady buying power which will also force a short to cover. As this one gets attention there is a point where the buying power will force the short to cover and UP we go all of a sudden. Everyone is going to be TOTALLY SURPRISED! Just my opinion never buy or sell based on others opinion I suggest studying the trading reports GaBard

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