NYRR,What is going on? Message Board

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Microcap & Penny Stocks : NYRR,What is going on?

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To: Wayne J. who wrote (3755)	4/14/1999 5:13:00 PM
From: Subman	Read Replies (1) of 4304

Hi Wayne, Dwayne and 246... Been gone this past week. 246 made a hell of a good post on the 9th. As for volume issues, Mr. DD was still unloading. Remember, divide the daily volume in half to get the actual number of shares traded. He had 1.33 million to sell (plus probably twice that amount in reserve). That equates to 2.7 million transactions. Add to that the average daily volume of, say, 500,000 and you are probably still seeing his impact on the market. You are also witnessing skillful selling by a guy who has no desire to drive the price down, but wants out fairly quickly. What I find interesting is that the MM's are able to hold the price so well. Basically they have decided to keep it between 14 and 18, no matter what. I read that as positive news. Everybody knows there is a play here, but nobody yet knows when. For me it better be by June or I want to launch my scuds at Crawford. Wayne, I think Jack is getting lonely over on RB. You might drop him a note and tell him what an asshole he is. That'll make him feel better. See ya. Subman

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