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Microcap & Penny Stocks : LDDI (Long Distance Direct Holdings, Inc.) -- Ignore unavailable to you. Want to Upgrade?


To: M. Frank Greiffenstein who wrote (162)10/2/1999 1:48:00 PM
From: jim0z0  Respond to of 216
 
I think you missed my point - I clearly am aware of what the volume is these days - no one is selling, and no one is buying. My point was that I put in my shares at a penny above the bid and was surprised that they were snapped up within seconds of putting the order in.

Normally, when you do not match the bid, it takes some time for a market maker to decide to purchase shares that are not at the bid.

This stock is a shot in the dark for most of us - I don't think most of us know the percentage of ownership that LDDI has of Powerchannel. I contacted Powerchannel and asked them about the percentage, twice, and did not hear back from them, although they said they would get back to me. Maybe I will try one more time.

With that headline that was put up on the Powerchannel, and then taken off, wednesday a week ago, alot of us are wondering if we are close to news that could move the stock.

Well, time will tell.