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Non-Tech : EMCB EMC Group Inc. Franchising of Treats' stores

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To: Vegas who wrote (10)5/19/1998 7:02:00 PM
From: Gennaro  Read Replies (1) of 42
 
Thanks for posting that info and the link. I find it very funny, the whole day from morning to 3pm, over 100,000 shares are traded at 9/16 or higher (thats higher than the previous close), then bam, at 3pm a whole bunch of trades go through at 50 cents, whats the deal. Either someone was satisfied with a minimal profit and sold, or MMs are treating themselves well with cheap shares. Some of these blocks were quite big which is similar to what I saw with dida before the explosion, but your guess is as good as mine. I don't think we would have been filled at 50 cents, but it would sure be nice to know if someone tried. I suspect those might be internal buys. Just a hunch. Bring on tommorow to see if the fire sale continues. I agree with you I might put in a small limit order just to test the hypothesis. Maybe it might be worth a call to the company to see if news is due.

Gennaro
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