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Microcap & Penny Stocks : PHARM LABS(PHLB)$.25 ON VERGE OF BIG CONTRACTS & BREAK
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To: Stock Master who wrote (5)2/18/1999 2:43:00 PM
From: Dave Gore  Read Replies (1) of 41
 
Funny action today...MM's look like they are trying to rape new buyers....spread very wide (almost 21%). They absorbed most all of the buying today at 25-28 cents and then all of a sudden wanted 38-41 cents for it.

They have offered virtually no stock in the 30-36 cent range. That's odd. I think I will wait for two things:

1) return call from George at PHLB
2) A more reasonable bid and ask (or at least hope for it). If it gets away from me, so be it...I don't chase anymore
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