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Microcap & Penny Stocks : BLHG, BEACON LIGHT HOLDINGS

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To: Charger who wrote (339)4/30/1998 8:53:00 PM
From: Shorty Long  Read Replies (1) of 658
 
I'm thinkin...

I know, that can be very dangerous! For the last two or three days the bid quantity has been 25k, not 5, not 10, but 25. Now somebody out there on the buy side is mighty hungry. Thing is there has not been a 25k block of trading. The bid of 25k always tends to move down when the spread closes and it looks like they might get a fill. That tells me the 25k share bid is phony, it is only ruze to sucker weak willed traders into a sell between the bid and the ask.

What does that mean, well to me it means the shorts are gettin tight for some folks. Very few sellers, just a few opportunists.

Mighty fine work on cow and calf Charger. I was always afraid that the old cow would stop for while in the process, that would usually mean fallout of a different type. It really messes up the dinner and you really get a good appreciation of the term.

Here's to good fortune, Shorty
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