HITSGALORE.COM (HITS) Message Board

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Microcap & Penny Stocks : HITSGALORE.COM (HITS)

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To: francis terry who wrote (104)	3/25/1999 1:57:00 PM
From: Jim Spitz	Read Replies (1) of 308

No Francis, I have seen this many times. When they are looking to get shares, they always close the spread to entice selling. It discourages selling when the gap is large. Think about it. If people are buying at say 5 3/4, why would you want to sell for 5??? They were hoping some people would panic and sell and then when they didn't, they slowly raised the bid. I watched it on real time quotes. We are REALLY at nice level now. We have traded 110% of the shares traded yesterday and are up over 40% at the 6 15/32 price. Volume buying is the key to keep moving up now. The active float keeps getting smaller as new investors buy in. Many of us haven't sold ANY or MUCH because of the potential. I'm still holding most of my original 5000 (SCMI) shares. Stay in the Black! jimS

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