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Microcap & Penny Stocks : BANY: Core business growth, exciting affiliations!
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To: dealmakr who wrote (2113)6/13/1998 1:11:00 AM
From: brad greene  Read Replies (1) of 5847
 
Dave,

The 100k club is growing. This brings up an interesting situation. I don't believe we have a free float of more than 1.5 million shares.

Now five of us have half of that.....and more shares are going away long. Lots of buying the last two days. Must say again...stock is thin, getting more so, and there must be a large short position.

It seems to me that the 50k buy today drove the price 17% before it was walked back down.

Watch for evidence of new larger block buyers. I think they are entering now.......and, as my theory goes, BANY will begin to validate soon thereafter.

bg

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