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Microcap & Penny Stocks : Rande Is. . .FISHING. . [under $1.50] -- Ignore unavailable to you. Want to Upgrade?


To: Joe Lyddon who wrote (2414)6/24/1999 8:15:00 PM
From: Rande Is  Read Replies (2) | Respond to of 4766
 
Joe, yes, it was a strange day to be sure. Perhaps a newsletter recommended it. . .and it was hit with all those small volume buys. . .then when it was, it upticked and the sells or shorts in larger size [by convertible owners?] that were sitting on the sidelines "all or none" were able to be put through.

20.2k, 12k, 10k, 12k, 10k, 8k, 30k, 8k, 8k, 8k. . etc.

Grabbing at straws here. . . but in order to short with large volume or to dump with large volume. . .the price needs to be supported by a steady stream of buys. . . otherwise the price will tank and defeat the purpose.

Rande Is