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Microcap & Penny Stocks : Madera Int. (WOOD)
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To: PAUL JOSEPH MUELLER who wrote (2286)12/30/1998 11:55:00 AM
From: John T. Hardee  Read Replies (1) of 3693
 
Paul, Everything our group has in Madera is in the N Houy Bank. + 2 million of Madera shares were scraped. There is about 40 million of madera shares held in hand and over 1.5 million got today waiting delivery.

These MM will run short of paper and have a problem making delivery of paper. We will see a lot of MM dip down to pick up Limit sell orders which will cause a up and down growth.

Be carefull of limit sells.
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