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Microcap & Penny Stocks : ALFN - Toy Store On The Internet

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To: M. Dion who wrote (89)2/8/1999 4:22:00 PM
From: paulbk  Read Replies (1) of 2136
 
M. Dion,

I believe you are correct as I witnessed this earlier in the day
when ALFN hit it's first bottom at .34. Buys came in and the ask went
to .38 then BISH showed up at .375 and did a ton of sales finishing
with a 100 k print. After he was done, the stock went to .40 but shortly thereafter BISH and AXCS showed up again and hammered it down to where it is now,leap frogging over each other to post the best ask
until they finished the day tied at .30. You are right,though when they let it breath, it floats back up.BISH/AXCS are selling like they got the stock for free which fits your call about the 504's-very ham-
fisted, bull in a china shop type selling.
There has been a ton of buying all the way down-from .53 to .30. Hope they don't get hurt, but what's your call on that? If ALFN is a buy here in your opinion?best,pb.
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