Tokyo Joe's Cafe / Societe Anonyme/No Pennies Message Board

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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: Baker Street who wrote (25787)	12/10/1998 2:34:00 PM
From: JEB	Read Replies (1) of 119973

Baker, The reason for the ASTM drop is that this whole market is lacking volume (#1). The people who bought ASTM beyond 5 and were margined (because of margin rules) had to sell when it dropped back below 5 (#2). Profit warnings and layoffs and the shorts (#3). Straight up, it has been a bad and boring day for trading. Thanks, JEB

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