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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)
VSAT 35.16-2.0%Dec 24 12:59 PM EST

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To: Stock Watcher who wrote (5455)4/1/1999 8:01:00 PM
From: hoffy  Read Replies (2) of 52051
 
GRPV- Unusual trading.

This stock opened up .01 from .105.
It traded 1.2 million shares today in a range of .110 to .115.
A very narrow range for so much volume in a penny stock. Usually the bid and ask spread is larger than that.
This stock did this a while back when it was at .04. It traded heavily with only a half penny spread. After a week of that is when it jumped to .25, then pulled back.
I am definitely keeping this on my watch list. Something could be brewing. They are supposed to file their 10K report with the SEC in the first week of this month and report yearly earnings in the middle of the month.
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