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Technology Stocks : IFLY - travel sales on the web pure play
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To: SpongeBrain who wrote (4022)1/22/1999 2:57:00 PM
From: IFLYer  Read Replies (1) of 4761
 
I think people in the know are buying. As the company is negotiating deals with other large companies, obviously more people become aware of the stock. The buying comes in small chunks probably not to move the price up too much. Look at the volume on the common and warrant today, not too high, but see how much the price moves up on small buying, that means people are not selling and a small buy can move the stock up a lot.

The price is currently in a slight downward position now as the buying ceases momentarily. The MMs are moving the price slightly down now to get the shares of people setting stop loss in the low 6.
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