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Gold/Mining/Energy : Thermal Control Technologies Corp TCT (was Redux Energy)
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To: Edward W. Richmond who wrote (487)7/17/1998 8:39:00 PM
From: mike wood   of 1208
 
I think what Nathan was saying is that there are not many shares in the float,everybody that owns the stock is holding it.The ones that are trading are probably driving the price down on low volume,so they can buy what is left mon. at a low price,then the new buyers will have no choice but to buy the stock a large shareholder wants to sell them at his price(/\).that is if it turns out to be a great earnings report.But we all know it will be.The only thing that concerns me is wood-gundy,I hope that he is selling just to put more stock in more hands,and since the float is so tight anytime anybody sells the MM's lower the bid so it drives the stock down.I THINK.:)
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