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Microcap & Penny Stocks : Corporate Vision (CVIA)
CVIA 0.4800.0%Jun 30 5:00 PM EST

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To: JadooGaar who wrote (2484)3/17/1998 11:21:00 PM
From: K A Anderson  Read Replies (1) of 6654
 
Jadoo, what I think they are doing is making the small trades (cross trades) among themselves, these are probably some odd lots, or scraps left over from earlier cross trades, sometimes few days to a week earlier.
When you are dealing with a few million share trade sometimes its easy to over look a few shares... Sort of like when you get a bank statement and you've been credited or debt .10 or .15 cents, because of a clerical error.. no big deal.

The thing is why did they pick noon today to do it? When trading all but stopped. They usually do this like on Fridays or even sometimes even at the end of the month. I am thinking some MMs is keeping extremely close tabs on their inventory and trying to get every single share they feel is owed, before this stock starts its upward move. Maybe I am just being overly suspicious of their games, too.

Then again I guess it could have been some individual that maybe hit the wrong key on the computer and mistakenly left off a few 0's on the trade. Doubtful but possible.

KAA

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