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Microcap & Penny Stocks : Air Methods (airm) -- Ignore unavailable to you. Want to Upgrade?


To: dwight martin who wrote (181)12/31/1997 4:48:00 PM
From: Elliot Lepler  Read Replies (3) | Respond to of 877
 
I spoke with MM with a large buyer. He took in some significant amount of stock this am at 7/8. Somebody really did not want this stock on his books at the end of the year or had some gains he needed to offset in the worst way. Could be that overhang has been present for a while, discouraging any buying.

In any case, after the selling dried up, the stock closed strongly. I think this is the beginning the long-awaited January effect.

Have a good and prosperous New Year.

Elliot