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Microcap & Penny Stocks : JAWS;A P/E of 2 with 150%/yr Erngs Growth!!

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To: TheNazz who wrote (901)4/28/1998 9:25:00 PM
From: TheNazz  Read Replies (2) of 4230
 
I went back and checked "time sales" to try and make some sense of what happened today. During regular trading hours volume was 927,800, not including the 250,000 trade. I added up the total number of shares that traded from the time the stock started to down tick till the time it traded at the low (1.20) and found out that the MM's took her down on relatively low volume (compared to the days vol) 196,300. Of course that included several (4) of those infamous 10k trades that always seem to go off when the MM's decide to attack the stock. It really makes no sense for me to count the number of shares that traded at the ask during this time, because some trades are posted in an untimely fashion making it difficult for me to determine if they are buys or sells. It took approximately 45 minutes for the attack to subside. This must have been some sort of organized short attack as it started at exactly one half hour into trading (with the exception of a few large blocks going off at the bid prior to the attack).

A friend of mine had a buy order of 5k in between the bid and ask (1.24) for 3 « hours that NEVER got filled! Make of this what you will.

<<I am new to SI. Where do you view the Min. by Min. trades as displayed in reply #901>>

Richie, I have level 2 quotes.

Checking my mail I have NO reports of selling. I do have several reports of buying. :-)
The NEW count is 530,500 or 1,047,500 if you believe the 517,000 report (I don't for reasons that must remain confidential). I feel confident that this count accurately reflects approximately 25% of the float (give or take 1 or 2%).

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If you have not yet responded, please send in the number of shares you currently own to myself nazanalyst@aol.com AND billpurcell1@home.com as soon as possible. PLEASE FOLLOW UP WITH E-MAIL IF YOU HAVE SOLD ANY SHARES! All information received will be held confidential.

I am communicating with Bill on this matter via E-mail as some are not reporting to both
of us.

Thank you for your support

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