SI
SI
discoversearch

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.
Microcap & Penny Stocks : ISGI ANYONE????
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jason Chesshir who wrote (2477)9/14/1996 1:52:00 AM
From: Ben Geh   of 2665
 
Jason: The way I see it, the MM's already done their job dropping the
stock down on high volume since 3rd September from 7/8 to 21/32 today.
You will notice that today's low=19/32 and the high=21/32. Yet today
the stock closed at its highest point of 21/32 after the reverse split
was announced, which would mean that the news has already been discounted.

If the news has not been discounted, the MM's would have taken this
very golden opportunity to drop the stock to at least 19/32 if not a
whole lot more. Why in the world would they want to wait until Monday
to do it? What's so special about Monday?

I do find it hard to believe that the MM's would be willing to play
around a stock with a miniscual outstanding 5.7 million shares. Its
about time they move on, don't you agree?

Ben

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News