TMMI - Total Multimedia Message Board

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Microcap & Penny Stocks : TMMI - Total Multimedia

TMMI 0.0120

0.0%

Nov 21 9:30 AM EST

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To: taxgun who wrote (14817)	5/21/1999 10:30:00 AM
From: R. John	Read Replies (1) of 19109

I really don't find it surprising that there is a selloff this morning. A lot of the people who got in yesterday, expecting news after the bell, are running for the hills. The people who have been accumulating this stock are not fools and are going to sit on the sidelines until the selling stops. Add a few MM transactions between themselves and you have what could appear to some to be a full blown selloff. Look at the last time the daytraders hit this one hard and it ran to .08, the next day there was what appeared to be a huge selloff and the price fell lower than it started the day of the huge run. Now look at the day after the pullback, the buyer(s) were back and the slow upward march continued. This means nothing in the long run and whomever has been accumulating isn't selling at these prices. Our day is still out there, just a matter of time. Of course this is all just one man's opinion. Ray

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