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Microcap & Penny Stocks : IAPI - TV Terminator
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To: John Fairbanks who wrote (39)9/18/1996 8:29:00 PM
From: John L Hoge   of 97
 
John,
It can be looked at a few ways. It is scarry for many investors
to jump in at the big spread and this has caused the volume to die.
If the float on this stock is correct as listed in Georges post the
MM's may be running low. With the spread so large they are probably
trying to scare some people out and pick up some cheap shares. Just
my opinion, its really hard to speculate what they are up to. I don't
think stock will fall much, because most of the buying on Monday was
at .53 or higher and no profit will be made with current ask price.

Johan
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