The trading of this stock is not for the light of heart....
Yesterday and today we witness big buy blocks, today some smaller sells at the end of the day. Funny how the MM's took 0.10 off from a BID of 0.62 - 0.63 to close 0.52 in about an hour on very light volume!! Strange days indeed, were in the dark for the most part, and that is they way it goes on ANY OTC board including Big Board Nasdaq.
a] You cant see the true size of the Bid / Ask like on NYSE
b] You cant sell the buying or selling house on OTC
c] moreover, you cant see jack squat.
d] We are in the hands of the MM's [their manipulation and GREED!]
As reported before MM ALEX appears to be a lead MM. As they lead the rush upwards and drive us down when desired. We are in the dark regarding the big block trades, as we are not "In the know".....
*****If anyone could shed some "inside" light as to what any of the
12 - 15 MM's do on this play, what the game plan is or what the agenda is on a day to day basis would be greatly appreciated.
Bottom line, I feel we are near or at the technical bottom as far as level off point and with significant NEWS around the corner,
The breakdown of the 50 Million investment / Price Waterhouse audited financials [39 MM 1997, 7.1 MM Dec. , 6-7 MM [est.] Jan. / Name change and executive appointments,
IMO the downside here is probably minimum.
I hope the co. is now aware of the importance of shareholder communication and will continue from here on in, shed the light, and make any and all info available to investors and the investment public, cause we're in the dark enough. |
