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Microcap & Penny Stocks : AUTO - good valued co.in recession free industry

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To: Charlie Langford who wrote (35)10/9/1997 11:46:00 PM
From: John Posatiere   of 205
 
Same questions I have. All I know is that it was the reason for the high volume, but why did the price go up with all the selling ? Was the market responding to the high volume anticipating that it must be good news ? and bought ? It would seem that the selling pressure will be off after the buyers of today unload on the bad report, so, we may see a drop back down to the low again. But then again ?, It is a strange situation.
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