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Microcap & Penny Stocks : CYCOMM (CYII)-on aquisition trail

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To: James W. Bradsh who wrote (1481)8/6/1998 7:27:00 PM
From: Sterling  Read Replies (2) of 1800
 
Strange ending for the day.

In the last 4 minutes (actually in the one minute from 1556 to 1557) we had 37% of the volume for the entire day. 12,200 shares went through on the bid and only cost the shares 1/16th of a point. Then we close with a spread between $2 1/2 x $2 7/8. Looks like a stand-off between buyers and sellers. Not much active bidding for shares and not much pressing desire to sell shares.

Maybe the margin stress is starting to lighten up a little bit.
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