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Microcap & Penny Stocks : EDII

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To: Fitz who wrote (539)6/2/1998 11:16:00 AM
From: Jim B  Read Replies (1) of 2849
 
TO ALL::

anyone wondering what the MMs are doing.. (mixed with legit
sells and daytraders) look at ICVI today..

opened at 1.55 x 1.56 and quickly went down to 1.15 x 1.18
yet the buys outweighed the sells by 3 to 1!!!

Now ICVI has quickly risen back to 1.40 by $1.50!! why did
this happen.. the MMs wanted cheap shares...

I don't know the buy/sell ratio on EDII today.. but I would
guess that the buys are probably at LEAST 2 to 1 in our favor.

then you add in the rumor of more news coming very soon and
strong hands beginning to realize the potential here and
HOLDING their shares and STRONGLY ACCUMULATING...

should mean for continued uptrends throughout the week..

take care... like I said I just picked up more shares today
on the dip.. so thanks to the MMs or the weak hands that
sold.

jim
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