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Microcap & Penny Stocks : Buying opportunity - Market maker out of business

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To: BobbleUnc who wrote (39)	1/15/1998 1:00:00 AM
From: Master (Hijacked)	Read Replies (1) of 472

Exciting, isn't it- VCLL going from 5/8 to 3 7/8, FLEM going from $1 to 2 5/8, ISON going from $1 to $2, and off topic NURS going from .18 to .28. Looks like the VCLL revenues have been announced and the stock is settling in to the $2- $3 range. I already took big profits in the $3's. I was very disappointed that there seems to be a big seller holding back FLEM- with 1/3 the float traded today it should have ended at $5 and not dropped back to $2, so I had to take some profits on that one too. Lots of FLEMW warrants bought today is a good sign. Looks like the last real big MOB opportunity left is with ISON- no sellers and lots of potential, and it hasnt made a big run yet. A little volume and a tighter spread will net $5 by the end of the month I hope. We'll just have to see what happens. ISON also looks like the best long term hold of the bunch. off topic NURS could go to $1 because starting Monday and for the next 10 trading days the average bid price will be used to determine if and how much a reverse split is necessary to stay on NASDAQ($1 min. bid required). Example: So if NURS goes to .50 and stays for 2 weeks, than there will be a 2-1 split. If NURS hits a buck than the preferable option of NO SPLIT would be accomplished. Yesterday, there were two 300000 block trades at the offer of .18, and all sells today were sucked up clean at the bid or higher- the bid volume is big, and there is just a small amount for sale at each asking price- these are classic tell tale signs that a big pop is about to occur. Today we wiped out the 1/4 ask and 99% of the 9/32 ask with the $20,000 buys at the end of the day, tomorrow we wipe out 5/16, 3/8, 7/16 and maybe 1/2 before some profit taking sets in. Then the big pop will continue to $1 on Friday I hope!

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