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To: mark g who wrote (160)7/29/1999 6:37:00 PM
From: Tom Allinder  Read Replies (3) | Respond to of 2942
 
PFCK,,, this morning we had lots of buying hitting the ask at .175... we had 4MMs at .175 for awhile. We got it down to 2 then the selling started. We had 4MMs at .165 on the bid and that melted quickly away to .15. It takes lots of buying to move the stock up and obviously less selling to go back to the starting point. I called the company and bitched them out. Too many MMs, too much stock. I am not selling cause I don't want another DRGI debacle on my hands. I sold a bunch of DRGI when I could not convince them to forego the RS... Then I chased it at .10 yesterday. Still made a good profit overall but had I stayed in, I would have enough money to buy a large western State now...

Tom