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Microcap & Penny Stocks : MCRR Refugees

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To: Max Fletcher who wrote (415)7/24/1998 12:52:00 PM
From: J Navarro   of 582
 
I noticed that as well. I'm dying with this pick... I'd notice the wind blowing around their headquarters!

Electro-Catheter (ECTH) announced earnings (or lack of) yesterday. In the release, they made comments about the expected merger between ECTH and CDCS. They also made comments about the expected stock for stock swap ratios and a looming 1-5 reverse split. I must admit, I'm too annoyed with this pick to pay close attention.

It would be nice to be able to see which side of the fence this volume sits, buy or sell. Considering the average volume for this one is around 0, I'd expect the 90k yesterday and 60k today to be heavily weighted on one side. Funny though, all that volume for such a thinly traded stock and the price doesn't budge in either direction. Ah, the wonderful world if micro's and mm's.

JN
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