Avalon Group, Inc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Avalon Group, Inc.

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: wombat who wrote (36)	10/27/1997 2:59:00 PM
From: Chad Beemer	Read Replies (1) of 1530

Rick and All, Today is months end for the mm and they have to clear their books by tommorrow so I believe alot of the trading was mm trading among themselves covering their butts. I know that 31,000 was sold at 34 cents to fill a mm but that was done in cooperation since this mm has helped us get the spread tightened and made a real market out oof this. That is all the paper that I know of that was sold from anyone outside of what the mm did among themselves. I and a friend of mine are not sellers of stock at these levels and neither are the insiders who are long term shareholders. This stock is still real tight and I don't look for any selling until the 50-60 cent range. Hill has this thing in a box right now as he is on the bid and asked. Also keep in mind that the NY,TOR.NASDAQ and Van are all taking a real bath today you don't see things running with that type of investor sentiment. I think that any paper bought from 35 cents is a good buy in my opinion. Keep in mind that with the last two weeks of trading that I can't possibly know where all the selling comes from but I know that I am not selling any paper under 1.00. Chad Beemer

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next