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Microcap & Penny Stocks : AREE - Formerly TVSI

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To: I Am John Galt who wrote (292)2/9/1998 11:33:00 PM
From: TopCat  Read Replies (1) of 6528
 
Hi Matty,

That's a good entry (I can't spell the other word), into the other point I wanted to make...Thank you.

Everyone wants to blame the MM's. The real reason for the $.20 opening is the hype made on this thread over the weekend (on that point, go back over the posts since #1 and conclude for yourself who made the most hype here). The MM's simply put the ask at a point where they thought the stock would successfully open. They were right in that many put in market orders at the open. This went up to (as Pugs puts it at about $.30) then they had to drop the ask to where smarter people put in limit orders.....that's when it dropped to $.09......simple supply and demand, IMO.

>>no matter how much naysaying you do on this one and no matter how much you bash this stock, this one will go up. Somebody up there knows something we don't, and will continue to buy at the opens, closes, and whatever they feel like. Rest and watch.<<

You may be right....this thing may continue to go up.....my question is why, Matty? The OS is huge...the information is sparse....the only reason that this has moved in the last few days is; 1) the leak of the press release, 2) the press release, and 3) the hype.

If you have other reasons....please share it with us.

TC
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