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Microcap & Penny Stocks : Rande Is. . .FISHING. . [under $1.50]

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To: Rande Is who wrote (589)2/9/1999 9:11:00 AM
From: Trevor Quest  Read Replies (1) of 4766
 
Rande Is, Thanks for the feedback on MTEN.

The float looks like 27.11M shares

Volume is a problem with this stock. The average daily share volume has increased every year since 1995 (from 17K to 77K)but we are still talking peanuts on $$$.

We saw 1/2M shares trade on Jan 27th and 180K on Jan 28th. I think yesterday afternoon we saw some of these investors jump out of the stock who loaded up and were probably looking for a bigger pop on earnings.

Volume will increase if we get the word out and people do the proper DD and see that this is a profitable, growing company. You are right about management. These are solid people who have made a comitment to getting this product out and turning the company around.

Todays price action will be very interesting.

Good luck - TQ
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