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Microcap & Penny Stocks : International Nursing Services Inc, old (NURS) new (MDIX)

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To: FES777 who wrote (921)5/5/1998 7:30:00 PM
From: Mike Moran  Read Replies (2) of 2911
 
....Eddie..... We're going to see in the next several days if the stock will rise to another level. But, since the stock took off from its $.375 ceiling, it's had a 2.5 million share day, two 1.1+ million share days, two 600+ thousand share days. Through this the stock has moved sideways after backfilling. I'm not a rocket scientist, but if $.75 creates enough of an oversupply of stock to keep the market price below it, wouldn't $.75 attract interest in an extra-market transaction?
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