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Microcap & Penny Stocks : MIDL .... A Real Sleeper -- Ignore unavailable to you. Want to Upgrade?


To: jeffrey rainey who wrote (254)11/10/1997 2:50:00 PM
From: Ga Bard  Read Replies (2) | Respond to of 7039
 
Some one apparently sold or shorted first thing this morning. Then buying at the midpoint has taken it down. Not unusal if people were buying at the ask and selling at the midpoint this stock would have been $1.00 but people trade there way.

Greed save a few pennies and cost themselves dimes... Unbelievable at people who short the stock buying in.

MIDL - Transaction Log
1:46:28 8 0.562 - 0.718 25x25
12:54:05 8 2500 0.625 <-------- midpoint buy
12:53:53 8 0.562 - 0.750 25x25
12:53:46 8 1500 0.718 <-------- midpoint buy
09:35:31 8 5000 0.750 <---- Ask buy
09:33:30 8 5500 0.620 <--------- Bid Sell
09:33:13 8 0.625 - 0.750 25x25
** end of data **

Same ole same ole. They buy in thinking they are getting a deal and BOOM they cause the stock to drop. LOL I have two friends that are a bit ticked at themselves. It is going to take a while before people begin to understand what they are doing.

GaBard