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Microcap & Penny Stocks : SHAL
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To: Toby Zidle who wrote (9)2/1/1999 9:54:00 PM
From: Dave Gore  Read Replies (1) of 70
 
I can only believe it was MM's tanking it on relatively light volume... nothing else explains it. Big news is coming this month...SolutionNet IPO scheduled for mid-month or sooner for trading.

I think a few sold after they qualified for the free dividend on Friday in SolutionNet and the MM's took advantage to get the price down.

That's my take. Reminds me when they tanked SFLK from $2.50 to $1-1/4 just before the current run-up to $8.00.

We'll see.
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