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Microcap & Penny Stocks : MDU Communications Inc. - MDTV

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To: Wskymn99 who wrote (266)5/26/1999 5:20:00 PM
From: scouser  Read Replies (1) of 994
 
No error, I got it confirmed from TD and Haywood , the reason it didn't move was because it was right before the bell and it was probably some sort of pre-authorized trade. If you tried to buy 2mil without 2 mil on the offer , yes, it would zoom, but I think large blocks can be traded by some sort of consent. The big news here is someone has bought a huge chunk and would not have done so without checking MDTV out completely. You will not see $1.50 again as the average buy price ( from day 1) is now above that.
Can you imagine all the radar's that went off at 3:58 all over the world :) There is even a thread on SI just for unusual volume .

Gap up in the morning as they say :)
scouser
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