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Microcap & Penny Stocks : Universal Medical Sytems (UMSI)

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To: HRAKA who wrote (570)12/16/1997 7:09:00 PM
From: HG  Read Replies (2) of 1672
 
Hraka or anyone,

Please tear the following statement apart or straighten out my thinking.

A ton of shares traded today. The bid and the asked barely moved even though it was obvious that people were willing to buy at a higher multiple. Who has all these shares and how many do they have? Think we could get an answer from the Co. if we call? Would select capital be up front or are they allowed to divulge that type of information? It appears that there are a ton of 0 value shares floating around and someone wants to dump them in a hurry.

Thoughts anyone?

Regards,

HG
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