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Microcap & Penny Stocks : AutoCorp Equities (ACOR): Tiny Float+Upcoming PR push=$$$$
ACOR 0.880-13.8%Apr 10 5:00 PM EST

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To: Egolpi who wrote (136)4/27/1998 5:14:00 PM
From: Gator   of 231
 
Are you refering to the overall market, or ACOR, which saw it's bid/ask price get "pounded" down 1/8 on 5,700 shares traded?

On big market selloffs like today, people get margin calls. When they get margin calls, they have to sell something to cover them. They most often look for places to take profits to cover the calls, with ACOR being an ideal candidate, since it is up from the low 1's just a couple of weeks ago.

Overall, today wasn't too bad for ACOR. Hopefully the rumored press releases and fax releases will start coming out soon to drive the volume and price back up.

Gator
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