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Microcap & Penny Stocks : TPII - Year 2000 (Y2K); Groupware; Client Server Migration
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To: Alan Coccio who wrote (10704)6/5/1999 12:50:00 AM
From: MB  Read Replies (2) of 10903
 
Alan, I was thinking the same thing. How 25M shares can get unloaded is beyond me. Even dumping 100,000 a day which is 500,000 a week, would take 1 year to deplete. That would guarantee a price drop below .09 within a week or two. Trying to sell it at the ask through a market maker would take a lifetime, given the avg daily volume in this stock. How can this get absorbed? Any clue? Maybe there's some players out there with huge short positions that will gladly take the shares to cover. Who knows.
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