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Microcap & Penny Stocks : SETO Semicon Tools Inc.
SETO 0.0144+128.6%Dec 30 2:44 PM EST

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To: IRVINESULLY who wrote (555)2/18/1998 1:36:00 AM
From: Eric Fader  Read Replies (2) of 3222
 
From the tape, it looks like one series of buys -- maybe mostly by one person -- triggered the run by gobbling up all the stock available at .57, .58, .59, .61, .62, .625, .63, .65, .68 and .70 in rapid succession between 11:36 am and 11:52 am EST. That catapulted the price from .53-.57 to .65-.71 on only about 37,000 shares at the ask.

Looks to me like .50 may have just become support. I think we're only a couple of days away from the short-term target of .74-.78 that I mentioned the other day. Both the price and volume charts are looking more and more like a classic early-stage run-up.
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