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Microcap & Penny Stocks : PCBM - MASSIVE EXPANSION IN A 2 BILLION DOLLAR INDUSTRY
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To: ColleenB who wrote (141)2/18/1999 5:12:00 PM
From: Bird  Read Replies (1) of 2406
 
If the float is really at .5 to 1.5M shares, wouldn't
a 600,000+ sell in the last 1/2 hour take it sub-penny
IF enough traders could actually scrape enough
shares to register such activity?

So, who or what traded?

Two possibilities:

A) Company
B) MM's

If the company did it, the effect would be upon the market
and we would be much lower as I stated previously.
However, if transfer of (real?) shares occurred between MM's
the effect would be what they agreed upon as the delta.

How do you vote A or B ?

Bird
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