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Microcap & Penny Stocks : ALANCO ENVIRONMENTAL: ALAN
ALAN 0.00Mar 8 4:00 PM EST

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To: B. Ramsey who wrote (272)1/24/1998 11:36:00 PM
From: John Chapman  Read Replies (1) of 402
 
My sources tell me a reverse will not happen because some big players will bid the price up to get it above 1. The question is when? I have been waiting for this to happen for over a month now. I realize that why would the big players be in a hurry. They have over a month left so why not buy up all they can get at 5/8 to 23/32. I am also trying to figure how high they will bid it up above 1 to make sure it stays there while at the same time taking some profits. Just figure. It takes a lot more than us to drive this thing up with 26 million shares in the float.
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