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Microcap & Penny Stocks : CAOL (Cathay Online) - was KYOM
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To: Dave Gore who wrote (26)4/17/1999 10:49:00 AM
From: Jeffrey L. Henken  Read Replies (1) of 203
 
You're right Dave. I saw some large trades going off at the bid when the spread was on the high side. That always raises a read flag with me. I think we will see the stock move solidly higher next week. A 100,000 shares short position could be pretty well absorbed by now.

Double prints are always going to happen with the BB's so all we can say for sure is KYOM did see lots of buying on Friday. Probably more than 500,000 shares.

Thanks, Jeff
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