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Microcap & Penny Stocks : STAX -----> Stelax Industries - A real gem.

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To: loren sande who wrote (596)5/29/1998 10:39:00 PM
From: thomas oakley  Read Replies (1) of 1112
 
I saw some 50,000 share blocks trade today at the ask without so much as a budge in the ask price. That's very unusual. Usually the only time you see that in these low priced stocks is when the market makers are covering their short positions. Usually followed by news and/or a quick run up in price when they allow the stock to trade freely
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