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Microcap & Penny Stocks : EDII
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To: jmt who wrote (1555)6/19/1998 8:34:00 AM
From: gerard mangiardi  Read Replies (1) of 2849
 
A couple of things. On the positive side it was nice to get an uptick yesterday on relatively light volume. Maybe some sellers are through for the moment.
On the negative side 25 million shares were issued to Intile and being that both were public Cos I have to think that a large percentage of that is unrestricted. Maybe the MMs weren't shorting as much as some of the intile shareholders were making covered short sales.
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