Classic Golf Corporation (CSGC) Message Board

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Microcap & Penny Stocks : Classic Golf Corporation (CSGC)

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To: hoffy who wrote (107)	3/16/1998 10:11:00 PM
From: Larry Brubaker	of 904

Hoffy: The 2,000 share sale at 27 cents represents all of $540. The amount of the sale is so small it lends credence to the suggestion it could have been a MM taking the price down to try to scare some shares loose. Looking at today's chart, it looked to me that the volume of buying and selling was about even. There certainly did not appear to be enough selling to warrant a 16% price drop. On the other hand, today's announcement certainly did not stir up a large amount of buying interest. Some additional sponsors, TV deal, or a real blockbuster for the final spot should help.

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