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Microcap & Penny Stocks : XSNI - X-Stream Network

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To: Ga Bard who wrote (599)5/14/1999 7:41:00 AM
From: donkeyman  Read Replies (2) of 3519
 
GaBard: X-stream about a week ago was selling for US$6.75/share. Between $5.00 and $6.75 it was selling like hot cakes. There were over 2 million shares traded in the 2 days of the big rise up from US$2.50/share.(I'm sure 99% of North American Internet Shareholders never heard of it, and the British won't forget it).?? What's strange is when I, and I'm sure many of you were buying x-stream, there was very little information on the go. Just that British Newspaper item, the concept seemed great, they were the 1st. to introduce free Internet, e-mail, and telephone to the UK, they had the lowest volume of shares on the market I've ever seen, 1.9 million in the float. That was a dream come true for me -here was a company with a potential IPO coming up on the Nasdaq. I'm used to Internet companies with 40 to 50 million shares on the market (BID.COM). So here we are with the crooked MM's taking control of the stock price and have it pushed back to square one at US$2.50/share, one week later. Now it's different, we know tons of information on the X-Stream company from the "DD hunters" on this Thread, compared to last Friday, it all looks good but most, I think, are holding on. If I were a newcomer, it looks like quite a deal. The price is down, and all the information is laid on the table. With so few shares she should be able to take the big jumps up, just like the big jumps down with news.!!!X-Stream seems to have a big reaction to both no News and good News, all we need now is GOOD NEWS.!!!
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