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Microcap & Penny Stocks : ETPI-Military Entertainment Enters Civilian Market

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To: wallstreeter who wrote (3939)3/8/1999 7:40:00 PM
From: PREFSTOCK  Read Replies (2) of 4767
 
Well he bought 100,000 shares in 10 minutes so maybe that answers your question. If he bought that many on a rumor of a large deal or aquisition imagine when it comes to fruition. I really don't know how many he'll buy. He owns 200,000 in the .60's and he's been averaging down a lot recently. He has other friends that need to average down also. Today we went from .36 offer to .45 offer in 10 minutes, it was fun to watch 6 mm's get taken out. If ETPI has some large profitable, beneficial deals in the near future then it'll be fun to see if we test new highs. After .43 offer we go to .47. 3 bids strong at .40. The market maker FAHN who was on the bid for most of the day is at .64 on the offer side, that tells me a lot. Instead of letting it go at the offer for a small spread, they would rather go long to the .80's etc, they have seen it happen too many times to miss the boat this time.
Also some on the thread who private message me think we may see huge news tomorrow or wednesday latest. I don't care about when it comes but wouldn't it be great to see something very positive sooner than later.
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