Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Ga Bard who wrote (2417)	6/26/1999 3:16:00 PM
From: BANCHEE	Read Replies (1) \| Respond to of 4766

Ga Bard I'm learning more & more about reading the tape.. If you still have the info on PLCOP's tape of the 24th, my qustion is the two big trades of 16,000 and 17,200. 16,000 looks like a sell 17,200 looks like a buy to me When you say mid point, do you mean between the bid and ask at that time or mid point between the amount of trades before and after the 17,200 trade. In other words there was all buying till that 17,200 trade and that becomes a sell and the buying continues with no upward movement in price after that? It took a lot of shares to move the stock up @ last trade to 1.31. Then the next day not many shares at all to move to 1.37 then to 1.40 which it close at. Because this is a low float stock ( remember reading around 750,000 share) could this indicate that the MMs are running out of shares on hand? No news for a while. I went and read some back post trying to look for clues and I came up with this: a post from Baton Message 10184977 In which this part stood out... The earnings for first quarter are also done and waiting for signatures, etc. They will be released on June 28th. He would not say any numbers, but implied that they have turned the corner on profitability. So maybe we will have some news soon. Tks in advance if you have the time to reply. Banchee