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Strategies & Market Trends : From the Trading Desk

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To: steve goldman who wrote (2525)2/7/1998 4:08:00 PM
From: Cosmo Kramer  Read Replies (1) of 4969
 
Hi Steve,
Recently I took a position in the penny stock...BAAT (My first penny stock BTW.), I'm sure you have heard about the stock because of recent movement. My question is:

On Thursday the stock took off from 2.06 to 3.25, then dropped down to a low of about .62 before rebounding to 1.75...was this action just profit taking followed by panic selling or did market makers manipulate the action. Sounds like a perfect tool for learning...

Thanks
Mark
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