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Microcap & Penny Stocks : Columbia Capital Corporation-Computerized Banking (CLCK)

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To: greg Benfield who wrote (223)6/3/1998 10:51:00 AM
From: Jeffrey L. Henken  Read Replies (1) of 1020
 
Greg all stocks move on the simple law of supply and demand. Right now despite the fact that we have a very small float, and an extremely good story, we have very little volume.

If volume picks up the stock will move higher. If not, it could even go lower. Ultimately as the story unfolds and word spreads this stock will rise. MM's can also help or hinder as they make their manipulations. Only time will tell, but this stock like any other can move in either direction without news.

Do me a favor tonight. Print out a chart of ABMI and track it's movements and see if they correspond to press releases. They don't, and the reason why is simply supply and demand coupled with a very large float. CLCK will respond much better to good news. That I don't doubt but both stocks will be winners as long as investors are patient.

Regards, Jeff
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