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Microcap & Penny Stocks : USBL (United States Basketball League)
USBL 0.2760.0%Jul 27 5:00 PM EST

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To: Beermeister who wrote (45)12/10/1997 3:17:00 PM
From: Alan Markoff  Read Replies (1) of 146
 
Daryn;

I strongly feel that one of the MM'S are short on this one. If you followed yesterday's trading there was continued buying at the ask 2.81 through the last hour of trading. Everything was going at 2.81 then at the end of the day they lowered the ask to 2.68. So when it opened today it looked as though the stock was weak being that the ask was only 2.68 the stock would show a loss from the get go. I feel they are definitely trying to shake people out before more news comes out it really doesn't matter to me for I bought this stock for a long hold kind of like a mini McDonalds.
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