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Microcap & Penny Stocks : LGOV - Largo Vista Group, Ltd.

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To: NAUGHTY NOTES who wrote (989)4/29/1998 4:55:00 PM
From: jpbp  Read Replies (1) of 7209
 
the trade probably went through at 4:00 and was posted 4:01...at any rate it is NOT uncommon to see a 4:01 trade posted.

On the MM's dropping the bid to .205 at the close.

Seen this before...it's a tactic to scare some into selling (or to halt buying by showing what at first glance appears to be weakness on the bid. If they get a couple of sellers often bid and ask will jump after such a move.

This much is clear...91,600 trading at the close ALL AT THE ASK is a sign of major strength....wouldn't surprise me at all to see very strong support tomorrow. We are very hot technically...and Oh yeah financials will be out soon....

Higher tomorrow,

jp
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