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Microcap & Penny Stocks : MXNT >> MaxNet Inc. >> Undiscovered Web Portal >> MXNT
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To: Matt Brown who wrote (828)4/25/1999 9:14:00 PM
From: Michael Graham  Read Replies (1) of 1125
 
That can't be right. There were 4 days in a row that had more than 1 million shares traded. I doubt very much that the float turned completely over 2 times a days for 4 days.

To me, the estimated float of 3 million still makes more sense. One third of the float traded could cause 20%-60% rise in price.

It would be nice if we knew for sure.

Mike
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