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Microcap & Penny Stocks : ATCO **Throw Your Speakers Out The Window!

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To: alan rubin who wrote (93)10/29/1996 9:18:00 PM
From: Craig Schilling   of 208
 
Actually, the action was quite good today with the stock moving over 10% in the first hour of trading. Looks like the day traders and short sellers moved back in by mid day with some large blocks being sold. It's hard to tell if the market maker is influencing things or not, but I have a feeling we need to test the highs again to see the true stregth of the stock. Looks like there is some overhead pressure we have to deal with for a while.

If you noticed when the news release came out in Sept the stock took a big drop. I may be that the news gets out to some people ahead of the actual release and they sell on the volume, hopefully it's not people working for the company.

Craig
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