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

To: midtownmurphy who wrote (61112)	8/31/2000 10:19:26 AM
From: Tom Allinder	Read Replies (1) \| Respond to of 150070

My opinion on SSCP so far today... 1. L2: There is stock for sale up through 1 3/8 or so then it spreads out. On the other hand, the bids are building. There is resistance still at 1 1/4 through 1 3/8. The L2 looks a hell of a lot better now than it did yesterday. That is what volume does. 2. Because of a couple of stock disasters where rumors/announcements were made regarding Forward Splits and the stocks ultimately did not split... this is making people shy about the 15:1 on SSCP. So what I believe is happening is: There is obviously some short position on the stock. MMs are in process of increasing inventory. The F/S vote is on the 19th of Sep. Sources close to the company have told me that the majority shareholders are committed to the F/S. Why? Need the stock to do these acquisitions. I believe the stock will split 15:1 and this is an opportunity. I have patience. Many people don't. OF COURSE, THIS IS MY OPINIONS. NOT A REC TO BUY. Tom