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Microcap & Penny Stocks : HouseHoldDirect.com (BYIT)-The Next SAMS/Walmart Ecommerce

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To: patchman who wrote (2179)5/3/1999 2:56:00 PM
From: kiwi  Read Replies (2) of 2994
 
Patchman, they see news as an opportunity to cash big blocks and take profits, knowing that the price will not move up significantly. The price then declines slowly after the news has worn off (about 2 days in this stocks case) then ..... well you can fill in the gaps. It certainly is not the MM's playing this one. The longs are being played here to a fine tune, as without these large block sales that we see regularly this stock would be trading to its real potential. As long as the story remains good we will be ok and I still think that there is huge potential here as I have said all along, but this selling has to stop first before we can even get close to it. I agree with your caution.

Kiwi
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