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


To: Rande Is who wrote (2416)6/24/1999 8:28:00 PM
From: Ga Bard  Read Replies (1) | Respond to of 4766
 
Rande the reason I base the two large sells as friendly is because o fhte anti dilution laws,. Typically when they have stock they place an order at the midpoint ... If the MM has a partner and typically that is the case they will fill it depending on the buying. I did not see much selling other that the two large blocks ...

:-)

GB



To: Rande Is who wrote (2416)6/25/1999 1:57:00 AM
From: BANCHEE  Read Replies (1) | Respond to of 4766
 
Rande
Waiting a little longer to buy Back SIEB and JBOH..
Hoping for a better price. Then a hold to earning..
Brokerage coming down on beat the street earnings..
Timing could be right.( I HOPE) Rather sit with low float
then try to catch on the run...
PLCOP.......
Out of the 203,400 trades today (my take)

7,ooo were sells from 10:58 to 12:44
trades of 500 to 1500

From 12:45 to 14:29 all buys of 2, 3, 5, 10, and one 17,200 also 2 or 3 small ones all
@ 1.28 then @ 14:29 a sell of 16,000 @ 1.27
Then 3 buys @ 1.28 of 8,000 each and last buy of 1,500 shares @ 1.31
During the buying in afternoon a lot of then were doubles, by this I
mean 2 5,ooo then 2 3,000 then 2 10,000 and so on. Either they were
moving shares among MM or someone or group is buying for an unknown
reason....What strikes me is that with all that consecutive buying
there was no upward movement on price..If they were issuing shares
then they were buying them....
I
Also last run 5/11,12,13,14 broke down like this
5/11..open 7/8 ran to high 1 13/16 and cls @ high on 81, vol
5/12..open 2 ran to high 3 9/16 and cls @ 3 15/32 on 445, vol
5/13..open 3 1/8 with low of 2 7/8 and cls @2 15/16 on 270, vol
5/14..open 3 1/8 with low 2 3/16 and cls 2 9/16 on 43, vol
Stock continue down from there each day after...
This pattern looks just like the pattern
on the run in Jan around the 8 th...
Question...Are they packing for a run...or teasing for us to buy
while they sell more shares??????
Watch open tomorrow for a hint...I might buy early if I see strength
in buying....comments please
Banchee

PS Just realized I should have put this on fishing thread...I'll
put it there too