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Microcap & Penny Stocks : Pacific Diagnostic Technologies (PDTK)

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To: jchopper who wrote (88)2/20/1997 8:08:00 PM
From: Kamil Etem   of 262
 
jchopper, Today..there were no trades until after 3pm and one of the first was a SELL of 20,000 shares..that brought the ask price down to .375 from .4375. then a few more, smaller, sells. Then the come-to-know-as-normal block purchases followed after the ask dropped. This is going to be a volatile stock. The price usually moves in sixteenths of a dollar increments, for a stock worth less than 40 cents to buy, that is a hefty percentage jump per tick.

I'd appreciate other input on this,
Thanks
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