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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: on parole who wrote (37834)	3/18/2000 11:14:00 AM
From: gdog	Read Replies (1) \| Respond to of 150070

imho, i think there was more to it than inexperienced buyers, i was watching it go and imo there was not enought time for all these new buyers, i think there was some covering, i went and looked a time and sales just now, sure can see how many shares where sold a what price, it took exactly 10 min to go from .54 t0 1.50 and then started to recind.. , even for a momo this would have happened to fast, i'm wondering about some good news coming next wk and mm's wanted to have shares covered and ready... again this is just my ho and i'm sure not thinking i know as much as most on this board

To: on parole who wrote (37834)	3/18/2000 12:13:00 PM
From: Jim Bishop	Read Replies (1) \| Respond to of 150070

I've seen that kind of MOAT action, in 10 min or so many times....not sure if you remember that website and email blasting place that did, or maybe still does their picks every second Friday. I used to call it the 10 min momo....the pick would go out on their site at 3pm E, there would be about a 2-3 min delay, then wham....volume pour in, price shoot up like a rocket......then crash right back down. I don't have their link on this computer, but the charts of their picks are quite funny things to study. With MOAT I'm hoping .70 or so will be a new base. I'd also like to know if the company is still buying back stock and retiring it..they do, and it should keep moving up steadily. Not sure when financials are due out, but that could help as well if they are good.