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Microcap & Penny Stocks : Chester Holdings, Ltd. - CHES -- Ignore unavailable to you. Want to Upgrade?


To: Jim Bishop who wrote (686)6/10/1999 9:02:00 PM
From: Tim Davies  Read Replies (2) | Respond to of 1174
 
that is truly amazing.. you would think a relativly low float company would have no trouble gettting to a dime or .15 with a good deal comming in.. but with 40mill per day..whew.. heck this may be the first stok i have owned a million shares of that was publiclu traded..
we shoud get some guy to buy the 40 million and get the paper ..
tim



To: Jim Bishop who wrote (686)6/10/1999 11:32:00 PM
From: Ga Bard  Read Replies (1) | Respond to of 1174
 
Jim I am aware of volumes. When day traders are in one it will have one heck of a volume count. FOr example... dayt traders enter buying 1M and sell at the say .05 mark ... and they do this twice in one day you have 4M and nothing held. No accumulation ...

Now you take into crossing of the MMs where they take the call and go get the stock from another MM. This is also no accumulation but twice the accurate volume. ALso a sell is registered when the sell did not take place. It was a buy to cover the call.

See other posts about MMs and calls.

MMs can take 100K of shares and make it look like 1M

:-)

GB