CSHK CASHCO MANAGEMENT Y2K Message Board

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Microcap & Penny Stocks : CSHK CASHCO MANAGEMENT Y2K

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To: JOE TURMAINE who wrote (4876)	7/14/1998 9:54:00 PM
From: John Chapman	Read Replies (1) of 7491

Jason wrote: Looks like there were 3 trades at the bid and 10 at the ask with a nice 25k buy at 4:03. Looks like the mm's could have raised the bid but they dropped instead. Some people seem to be buying it at this price though. My take on things: The running total of trades at the bid vs. ask continues to trend lower meaning mm inventory is on low side. They have just about sold all those cheap shares they got at .12 and .13 for a very nice profit. The lowering the bid with a low inventory shows they are wanting to get a refill at .12 or .13 and sell them again at .20+ . What a wonderful business they are in. IMHO

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