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Microcap & Penny Stocks : CYCOMM (CYII)-on aquisition trail

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To: Bullseye who wrote (832)11/20/1997 8:08:00 PM
From: Brian Gross  Read Replies (1) of 1800
 
Bullseye,
You say that it will take about 2,700 shares sold to lower the bid. My
question is why didn't it go down with 30,000 shares sold in the last
hour?? Obviously there is someone picking these shares up. It seems to
me that someone might just be getting antsy when they see the stock
move up one day and then move right back down the next. I don't know
anything about technical analysis or the psychology of the market, but
hopefully we can trust the management didn't hold anything back on the
conference call.
Good luck,
Brian
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