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Microcap & Penny Stocks : ETPI-Military Entertainment Enters Civilian Market -- Ignore unavailable to you. Want to Upgrade?

To: wallstreeter who wrote (4505)6/24/1999 1:20:00 PM
From: Toby Zidle  Respond to of 4767
 
Wallstreeter, I don't have an explanation for the volume. No news that I'm aware of. But keep it in perspective. 400,000 shares at 15 cents is still just $60,000. When I bought a 1000-share block of LCOS on its last downturn, my one trade had more market cap value than the whole day of ETPI trading.

For what we know, Kelly is probably right - just an inflow of some spec money. It can as easily flow out again if ETPI management can't show progress in the financial reports.



To: wallstreeter who wrote (4505)6/24/1999 3:44:00 PM
From: Kelly Igou  Read Replies (1) | Respond to of 4767
 
As of now, I'm showing 52 trades, more than 10x daily avg volume.

That's not just one or two speculators.

But it may be three or four, breaking up their purchases into smaller bundles so as not to affect the ask.

On the other hand....the MMs could have a bunch of inventory they got at .13, that they're moving out at .15. Taking what they can get, so to speak.

Marcus, why so silent??


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