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Microcap & Penny Stocks : IKAR MINERAL CORP...(IKAR)..looks to be ready & surprising

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To: Lee Bauer who wrote (29)11/7/1997 7:44:00 PM
From: Ga Bard   of 188
 
Lee ... here is the last 15 minutes of trading ... No one was selling but look what happened on a buy at the midpoint. Good Grief people are stubborn as they continue to cut off their noses to spite their face.

IKAR - Transaction Log
4:30:19 8 2000 .... 1.937 T
3:52:58 8 1000 .... 1.937 Z
3:52:52 8 3000 .... 1.937
3:51:21 8 3000 .... 1.937
3:51:08 8 5000 .... 1.968
3:50:52 8 ...................... 1.875 - 1.937
3:50:42 8 1000 .... 1.937 <---- Buy dropped the ask
3:50:26 8 ....................... 1.875 - 2.000
3:47:57 8 1500 .... 2.000

Here is another Example

MIDL - Transaction Log
03:49:19 8 ........ 200..... 0.750
03:49:04 8 ...... 300..... 0.750
03:21:11 8..... 2500 ..... 0.750
03:11:07 8 ..... 2000 ..... 0.750
01:41:07 8 ..... 2000..... 0.700
01:11:40 8 ..... 5000..... 0.750
12:23:30 8 ..... 2000..... 0.625 <--- The only sell
12:22:28 8 ..... 5000..... 0.750
10:54:11 8 ...... 500..... 0.750
10:51:11 8 ..... 1000..... 0.750
10:50:22 8 ...... 500..... 0.750
10:18:34 8 ..... 2500..... 0.718 <--- Buy drop the ask
10:18:19 8 ..... ..... ..... 0.625 - 0.750
10:18:12 8 ..... ..... ..... 0.625 - 0.781
09:30:35 8 ..... 2100..... 0.780
** end of data **

CSCA - Transaction Log
4:00:37 8 ..... 2000..... 0.370
4:00:21 8 ..... 2000..... 0.531
3:03:34 8 ..... 1000..... 0.530
2:53:43 8 ..... ..... ..... ..... ..... 0.375 - 0.531
2:49:43 8 ..... 5000 ..... 0.500 <--- Buy Closer to ask so raised the bid
2:41:48 8 ..... ..... ..... ..... 0.343 - 0.531
2:41:37 8 ..... 10000 ..... 0.480 <--- Buy drop the bid
2:40:54 8 ..... ..... ..... ..... ..... 0.375 - 0.531
2:36:14 8 ..... 10000..... 0.500
2:34:37 8 ...... 3400 ..... 0.530 <--- Buy save the ask
2:34:36 8 ..... 10000..... 0.468 <--- Buy would have drop the ask
2:34:16 8 ..... ..... ..... ..... ..... 0.437 - 0.531
2:30:56 8 ..... 8500..... 0.500 <--- Buy drop the bid
2:30:35 8 ..... ..... ..... ..... ..... 0.468 - 0.531
2:30:14 8 ..... 5000..... 0.500 <--- Buy drop the ask
2:30:10 8 ..... ..... ..... ..... 0.468 - 0.562

Now what happens when a sell is place at the midpoint

MIDLW - Transaction Log
3:56:04 8 ..... 5000 ..... 0.140 <---- Smart sell I wonder who did this
3:55:08 8 ..... ..... ..... ..... 0.140 - 0.156
3:53:57 8 ..... ..... ..... ..... 0.125 - 0.156
11:27:45 8 ..... ..... ..... ..... 0.093 - 0.156
11:27:39 8 ..... 5000 ..... 0.125
11:27:12 8 ..... 5000 ..... 0.125
11:13:54 8 ..... 5000 ..... 0.125
11:11:18 8 ..... 5000 ..... 0.125
10:41:51 8 ..... 1500 ..... 0.125
10:41:25 8 ..... ..... ..... ..... 0.093 - 0.125
10:35:10 8 ..... 5000 ..... 0.125
10:34:23 8 ..... 5000 ..... 0.125
10:33:30 8 ..... ..... ..... ..... 0.093 - 0.156
10:32:51 8 ..... ..... ..... ..... 0.125 - 0.156
10:17:15 8 ..... 7800 ..... 0.120
** end of data **

This sell was done to prove what I am say is true I bought at .125 but if people do not think I know what I am talking about I will still be making money on merely knowing how to trade while others short down the stock merely buying in. Geeze some people are truly hardheaded. I am not worried because it will come back down.

I can go on and on about the trading habits of people. I know people than chase a stock at the midpoint only to end up buying in higher than the orginal ask chasing the dang thing.

Buy at the ask to keep the upward movement and sell at the midpoint to raise the bid. Makes perfect sense to me.

GaBard
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