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Microcap & Penny Stocks : CBQ, Inc. (CBQI) The E-Business Marketplace -- Ignore unavailable to you. Want to Upgrade?


To: Sportfish who wrote (116)12/15/1999 4:41:00 PM
From: Ga Bard  Respond to of 996
 
The way I understand it is the MMs have to fill the size of
the bid or ask and the rest is optional. Problem they got
with small floats is they do not have an inventory. Now
the volume is dropping and the price is still heading
North. Since 12-7-199 the volume has increased to a three
day absolute high and then the volume falls off drastically
and the price is going up. Now what do you think. MMs
have no shares and apparently short and are not willing to
try and short it down. I bet the TA is unbelieveable for
the upside.

CBQI close high low vol(H)
12/15/99 4.25 4.56 3.50 54600
12/14/99 3.94 4.50 3.69 78700
12/13/99 3.94 3.94 3.00 188900
12/10/99 2.88 3.50 2.75 127200
12/09/99 3.06 3.75 2.50 178100
12/08/99 2.19 2.25 1.50 17400
12/07/99 1.50 1.75 1.50 4000
12/06/99 2.00 2.25 1.88 37000
12/03/99 2.00 2.13 1.50 16700
12/02/99 1.75 1.75 1.75 1300
12/01/99 1.75 1.75 1.50 15500
11/30/99 1.94 1.94 1.69 2300
11/29/99 1.75 1.75 1.75 100

Got to love the way this one is trading ...

Gary