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Microcap & Penny Stocks : Transnet-TRNT

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To: Christopher Reimold who wrote (65)9/20/1996 3:00:00 PM
From: vegetarian   of 140
 
Windows NT 4.0 could be a reason for the pop, but looing at today's
performance again (both volume and price) I doubt it is just that.
Past experience has shown that it takes usually quite a bit to move the stock.
Since the last Q numbers were not so glittering, it is possible that current bullish market sentiment may be a reason and people are buying based on speculation.
Somebody had mentioned sometime back that the company could be taken over; now that could be a good reason if it were true....who knows
Any other speculations....?
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