Attitude Small Stock Discussion Message Board

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Strategies & Market Trends : Attitude Small Stock Discussion

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To: James Strauss who wrote (377)	9/9/1998 8:40:00 AM
From: Bob Davis	Read Replies (2) of 385

Jim, A "special situation" alert... For the last several days, MTY has been in a forced sell-off as the result of margin calls which a major investor was unable to meet. This sell-off is now over and the stock has begun to rebound. Shortly before 1:00 PM yesterday a block of 147,500 shares of MTY changed hands at $2.75 in a pre-negotiated trade - the liquidation of the last of a substantial block of the Company's stock which had been overhanging the market. Immediately after, the bid size dropped to normal levels and the stock began to move upward. More information can be found at napeague.com Bob Davis The Napeague Letter napeague.com

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