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Microcap & Penny Stocks : MXNT >> MaxNet Inc. >> Undiscovered Web Portal >> MXNT

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To: marvin smith who wrote (930)	5/6/1999 12:18:00 PM
From: Selfmade$	Read Replies (1) of 1125

Marvin, I agree those two transactions by them selves don't mean much... I noticed smaller transactions for 4K 3K 2K 3K 2K at the ask. Also I have a list of all the transaction for the day, and what I found wierd is that most bigger transactions are at the ask which indicate a buy, very small transactions are at the bid we're talking about 100 shares 500 shares,... etc, and yet the bid and ask price is not rising ... hmmm Sounds fishy, this is my conclusion for the day so far: From looking at LEVEL II, it looks like MMs are trying to keep the price down for accumulation, I see MXNT on an up trend from here on... This is my honest opinion I'm not trying to hype the stock in any way, everyone look at the transactions for the day and make your own conclusion!!!! The Over Viewer

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