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Microcap & Penny Stocks : GNTA
GNTA 1.410-2.1%Jan 9 9:30 AM EST

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To: Chuca Marsh who wrote (46)11/20/1996 2:37:00 PM
From: David Bogdanoff   of 68
 
To Kevin, Charles, et. al. ...
Don't have any special insight into these large orders (buy or sell). With NASDQ the trades are executed out of inventory of market makers (also abbreviated mm). Hence, a buy can and usually does occurr without a seller (in the usual sense). The conversion of preferred to common stock explanation sounds plausible (who else would get deeply involved?) but I don't have any special information.
David
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