K2 Design, Inc. ready to break out?!! (KTWO) Message Board

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Microcap & Penny Stocks : K2 Design, Inc. ready to break out?!! (KTWO)

KTWO 27.50

0.0%

Nov 9 4:00 PM EST

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To: Joe Master who wrote (330)	10/27/1998 5:58:00 PM
From: Keith Sprague	Read Replies (2) of 385

Joe, You still have not answered why the volume increased so dramatically today. Why did we not see this type of volume when TFSM went public? IMO, the TFSM news does not explain why a stock that averages roughly 13K shares trades over 220K. I would have expected the volume to be much higher back then when the TFSM IPO first traded. If I recall correctly, TFSM traded several million shares on the first day. KTWO traded only about 100K. Today, TFSM trades 2X normal (400K+), and KTWO trades 20X normal. This does not add up to me. Maybe you are right, but you have not convinced me. Also, why did the KTWO volume spike after noon, when the press release was before the bell? I would have expected KTWO to react more at the open, and when TFSM hit 11 (around 11:10AM). Little action in KTWO at that point. Keith

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