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Microcap & Penny Stocks : Allnet Services.com Corp. (ANSC) -- Ignore unavailable to you. Want to Upgrade?


To: Dr. Microcap who wrote (1371)8/2/1999 4:50:00 PM
From: David Montgomery  Respond to of 1468
 
Or breaking even. A lot of people probably did that. Look at the action. Volume was about 5 x normal. Who knows what people are in at (and who cares). A lot of people sold today and a lot of people bought today. In addition, a lot of people did nothing. IMHO that's the best action - guess what I did.

Now a lot of people are in at 2 or so (some 2 1/2 maybe) and they aren't going to sell for a while. Makes for some more volatility with maybe 50000 more shares out of the buy and sell group's hands. If you want to learn a little about that, look at some of August West's posts. He did a pretty good job of explaining the public float and all that.

Now we'll see what the news is and what the results are. I'm betting that this dog will fade to about 4 or 5 pretty soon.



To: Dr. Microcap who wrote (1371)8/2/1999 8:34:00 PM
From: Takeover  Read Replies (2) | Respond to of 1468
 
You would say something like that. Just like the person who bought at 14 and held it all the way down instead of buying 75K at 1.25 like I did.