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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies
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To: richard p. martino who wrote (56532)2/17/1999 10:35:00 PM
From: QuietWon  Read Replies (2) of 119973
 
CYCH - rem last week someone was trying to buy a block of shares at above mkt price and that was when we had a good up day - fear of rising mkt, imo.

But, as the mkt is looking crappola, I don;t think these people are as concerned with CYCH rising, so I doubt they are trying to cover in a big block trade - again, imo.

If the mkt does rise sharply and sustains the rise for a few days, lookout if CYCH gets up to the 14/15 range - short who have not covered at that pt will be scrambling.

Mkt, imo, has and still is weak,tho.
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