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Technology Stocks : Abnormal Volume...Tiny Float..

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To: wanmore who wrote (1)4/19/1999 8:29:00 PM
From: The Rainmaker  Read Replies (1) of 3
 
Showed Stenght in a weak market and a even weaker internet
sector. According to the charts a new 6 month high on back to back 600,000 share days..A relatively small float..the action indicates the stock being distributed from weak to strong hands.
Much of the final half hour selling were day traders and people getting out because of the internet sector and general market weakness.
Market Makers getting ready for a real run, the day traders take
quarters, the position traders take dollars.
On April 29th the name change will be approved at shareholder meeting and it will be identified as the INTERNET play it is. more news coming. just look at the tape..it tells you all you need to know.
First stop on the charts is $6.00 then $8.00..after that...???

ALL Comments welcomed.... the symbol....FSACF

biz.yahoo.com
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