JAWS;A P/E of 2 with 150%/yr Erngs Growth!! Message Board

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Microcap & Penny Stocks : JAWS;A P/E of 2 with 150%/yr Erngs Growth!!

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To: Bill Purcell who wrote (2780)	9/8/1998 11:32:00 AM
From: flightlessbird	Read Replies (3) of 4230

Bill, I agree. I think the run to $4 on almost no volume whatsoever (relatively speaking to the trading days we saw last week) was simply unbelievable. I think it was an indication on how this stock could move if there wasn't a MM like NITE, SHRP, FAHN, etc. sitting on the offer and shorting the shit out of it. It took 800k+ shares to move this thing up a dime each up day during the last month. Took about 150k shares to move it up a dollar this morning. I think things just STARTED to get very interesting. Looks like the cutback today still saw some MMs trying to work it down a bit. IMHO they are doing what I would do if I had to cover a massive short. I would try to buy some time to let as many shares fall out as I could before moving the stock to the next level. That would be the most orderly way to cover. The cutback from 4 1/4 to 3 5/8 appears pretty predictable to me. I couldn't be happier with what I am seeing!!!!!

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