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Microcap & Penny Stocks : NBMX - National Boston Medical (was FGRX)

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To: Joe Copia who wrote (525)10/28/1998 6:44:00 PM
From: Lane Hall-Witt  Read Replies (3) of 1286
 
I'm taking up a collection to get the last hour of today's trading printed out real nice-like, framed, and delivered to the SEC as a Christmas gift. <LOL> I've never seen short MMs scramble like that to induce a panic. I haven't looked carefully at the log yet, but I really didn't see that much selling on the way down. It looked to me like a bogus drop of the price to shake shares. Did you see the 40K go through on the ask, followed right away by a 10-15 percent drop of the b/a? The fact that they set the b/a overnight at .30/.45 is b/s, a completely transparent sign of how desperate the shorts are.

Good luck to all of us who are still in long! And congratulations to those who sold today with a nice profit!
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