LA Group, Inc. (ONTV - formerly LAAQ) Message Board

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Microcap & Penny Stocks : LA Group, Inc. (ONTV - formerly LAAQ)

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To: Kincheloe who wrote (251)	9/21/1997 12:06:00 AM
From: Madeleine Harrison	of 1140

They were almost all buys, Kincheloe. There was one big trade of 50k shares that looks like a sell, but sometime large blocks are the other side of a cross trade where one market maker buys stock from another to fill orders. Because there's not much stock available (low float), and demand is strong, the spread widens. That's evident as the day went along, and more buyers came in, the MMs raised the ASK price more than the BID. The interesting thing was that everytime there was a trade that LOOKED like a sale, they raised the price.. I guess as the stock climbs, we could see more selling from people who bought last Spring at higher prices and don't feel as optimistic as WE do! --Madly

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