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Microcap & Penny Stocks : Dominion Bridge Corp. (DBCO)

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To: Duncan who wrote (423)2/11/1998 11:39:00 PM
From: Chien Li  Read Replies (1) of 535
 
It is strange that the stock price stays at ~$2 level for so long even with many high volume days. The Feb. 10 FP news did not move the price, and today's MDC news has little effect either. I did see many short sales went through over the last few weeks. Who would short the stock? The shorts must come from the big boys for few investors can short a stock at $2. I know that one theory is that the offer is $2-$2.25 and the news leaked. But there must be very few people know that, and how would those few be able to influnce the price and keep it at ~$2? Just wondering.
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