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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: Stock Watcher who wrote (15541)	9/23/1999 10:22:00 AM
From: Crazy Canuck	Read Replies (1) \| Respond to of 52051

>>CC; on ADSN; thanx for extra info. / stock has not traded in 2 days; what's the reason for lack of interest<< Good Morning SW, On Tuesday there were 17 trades for a total of 41,100 shares traded. Yesterday, there were 4 trades for a total of 6,500 shares traded. Because this stock is still recovering from just coming off the PINK sheets (one of the first, if not the first to do so), the number of MM's involved has been low. As a result, the spread between the Bid and Ask was huge (1 1/8 to 1 1/2). I now understand that there are six MM's who have registered for this stock and are in the game again. This has resulted in the spread narrowing significantly. I also anticipate that there will be more MM's jumping on board soon. Just a side note, the prices for this stock were royally screwed with when it was on the PINK Sheets. Case in point, a $36 trade resulted in the stock dropping from about a $1 to about .12 cents. Those bastards left it so that it closed the day at that price. So, if anyone thinks that a bunch of people loaded up at a low price and stand to gain by making this run, they are sorely mistaken. Unless they consider a $36 trade loading up. <ggg> On the whole, this stock maintained its stock price pretty well throughout this period. I liken it to the fact that very few of the investors wanted to get out of the stock. I chalk up the lack of volume to the fact that this stock has not been on anyone's radar screens for awhile. I am posting the DD lists and the news releases so that everyone can see for themselves just how solid this company is. Crazy Canuk