Xin Net Technologies - BB: XNET - The Next Internet Stock? Message Board

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Microcap & Penny Stocks : Xin Net Technologies - BB: XNET - The Next Internet Stock?

XNET 7.105

-0.9%

Dec 31 3:59 PM EST

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To: Y-fall who wrote (241)	3/12/1999 4:20:00 PM
From: P.E. Allen	Read Replies (3) of 1593

Alert shareholders of XNET. You don't want a gap up on monday for this stock. Remember these words: If this stock gaps on Monday it is dead. Repeat If the stock gaps It is dead. Check on all stocks, especially OTC-BB stocks that gap die. The stock today trade sideways at about 60 to 70 cents all day until about 2:00 oclock. Then it took off. It shows you that you don't need a gap to make money. Gap up is for the market makers and one of their tricks. They used another trick today, late reporting of the trades. If you noticed the last trade was being reported as .73 cents and the bid and ask were higher and the volume continued to increase. This might be a blessing. Some investors saw this and sold their shares not knowing what was going on. Market makers have fifteen minutes to report trades and as you noticed, they held out a lot of buys and reported them at the end of the day. This may prevent them from gapping up the stock on monday to create selling and trapping investors in at high prices, while others exit. THE GAP IS A TRAP!!!!!!!!! PRAY FOR NO GAP OVER THE WEEKEND.

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