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Microcap & Penny Stocks : E-COMMERCE by JVWEB, INC. (OTCBB:JVWB)

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To: Impeccable who wrote (210)2/9/1999 6:59:00 PM
From: Bigscore  Read Replies (1) of 767
 
The answer is that the float is closer to 1.1 million of which 700,000 is in non-insider holdings, also the true trading volume for today is probably closer to 200,000 as many of the trades are double printed by the market makers or double traded by the market makers.

Never the less, this stock has excellent structure and technicals and the chart is screaming for much higher levels with continued volume.

This area around $0.75 - $0.85 is an excellent place for consolidation with the next gap in the stock to the $1.25 to $1.50 level on good news.

Steady as she goes here will make for a very strong chart at higher levels.

Hope that helps,

Bigscore

PS. tomorrows volume should be around 250,000 to confirm these price levels.
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