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Non-Tech : Littlefield Corporation (LTFD)
LTFD 0.1700.0%Sep 29 11:29 AM EST

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To: Musya who wrote (5440)12/12/1997 10:01:00 AM
From: Que  Read Replies (1) of 10368
 
I have a good feeling about today's market. First of all there was very little way of market sell orders at the open on the warrant: this means that warrant holders did not panick overnight and send in orders to their brokers yesterday evening. In fact, there was a market buy of 18,000 (in three 6,000 blocks). Also, there are a lot of bids at the inside of the spread on BNGO (at 5 5/8) - strong support at this level.

The one negative is a large ask at 3/4 on the warrant. This order has been in since yesterday - when it did not fill. If the stock does manage to lift a bit I would expect the discount on the warrant to widen.

By the way, contrary to what I stated previously, market orders do not show up in the accumulated volume figure.

live long and prosper
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