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Microcap & Penny Stocks : lcav
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To: Harry W. Lowe who wrote (122)12/27/1997 8:50:00 PM
From: Manny Gugliuzza  Read Replies (1) of 942
 
i never checked the bid ask spread. that sounds like what they just had that big court settlement over with the brokerage firms. but i do understand the 1.50 now in that light. i will check this daily now with my trading firm on this leg i guess it is possible to test the 50 day average with a market turn here say at 2.3 before the 9mill shares
start to trade or does that offically start tomorrow, monday?. either way i have parallel lines from the sept. and dec. lows below and the oct. high down thu the 50 day average. this is why i thought that we could test up here 1st. but again with the lack of volume nearly back to previous levels during the end of this rise (75 degrees) most likey get a stall here.

thanks again ar.
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