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Microcap & Penny Stocks : QTNT
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To: Chris O'Keefe who wrote (438)8/19/1998 12:38:00 AM
From: Watson  Read Replies (3) of 789
 
Chris or anyone,

Please help me out. Today's volume was impressive and welcomed. I've seen float estimations at 200k and I also believe I've seen an estimation at 400k. If this is the case, even assuming the higher of the two, why didn't the price react more strongly when almost twice the float traded in a single day? I would have thought this to be a perfect scenario for a squeeze...providing there was in fact a large short position.

What do you think?

Watson
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