Gator's Picks from the Swamp Message Board

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Microcap & Penny Stocks : Gator's Picks from the Swamp

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To: Pennyslayer who wrote (57)	1/26/1999 4:14:00 PM
From: Gator	Read Replies (1) of 616

CMMI volume came in, bid/ask closed to $6 x $6 1/4. Looks like we saw our first taste of institutional buying, with 6,000 shares at $6. Nice day of trading, bid closed where we started, but had a nice shake all the way down to $4 1/2 (no sales there, low of the day was $5 1/4). What few sellers there were got out, the rest are holding for bigger gains. Looking for volume to accelerate heading into next week. With hardly any float on this thing, it's hard to gauge how high it can go. A lot depends on what kind of news the company comes out with. If they show that they are ready to generate some significant revenues, then this can be a very nice ride. Disclosure: I have received 2,000 shares of stock to help dissimenate information on this company. Gator

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