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Non-Tech : RPIX - Royal Picture Inc. - A New Cinematic Wonder -- Ignore unavailable to you. Want to Upgrade?


To: J. Nelson who wrote (64)8/11/1999 9:52:00 AM
From: BlueCheap  Respond to of 89
 
RPIX Did just what I figured, at first I Thought I had perhaps sold too quick last week. I didn't get the top at all and was surprised it held up for two days. However, TRUE to Form, RPIX traded just like 99.9% of the stocks I have watched, regardless of price.

What would be expected When there is NO NEWS to support a 150 to 200% increase in the stock price? Answer = Just exactly what is happening, BACK DOWN.

I think there may have been some accumulation that kicked off momentum Buying and perhaps there is some GOOD NEWS coming. However, I will consider ANOTHER position IF the price backs off to .25 Ask or below.
J. I sent you a private message, hope it will benefit you.
Regards,
Malcolm



To: J. Nelson who wrote (64)8/11/1999 6:42:00 PM
From: BlueCheap  Respond to of 89
 
I jumped back in RPIX at .22 & .23. Only had seconds and didn't think I got filled but got half my Order.
Nothing that I know of has changed to warrant this recent move Up nor any reason for it to go down. Appears to be some accumulation going on because some Buyers are anticipating SOMETHING very positive. Perhaps something that would cause enough buying of RPIX stock to make a move back toward that $4.00 52 week High. Sure would be nice if this little .25 cent stock could return to those levels.
It will be real interesting to see what happens tomorrow, as this high Volume for a week now is bound to Attract more Momentume investors.
Regards,
Malcolm