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Microcap & Penny Stocks : lcav -- Ignore unavailable to you. Want to Upgrade?


To: Rob J who wrote (134)1/9/1998 7:31:00 PM
From: Manny Gugliuzza  Read Replies (1) | Respond to of 942
 
bravo lcav!!! another wild day down here. this was a great recovery from massive sell off. i do not want to get into to much detail here but i must comment on 1 trade- 250000 was actually sold at the market
boom here is your 56 cents see you later. maybe an act of desparation
or maybe they know something. either way i personally would never sell a block volume like that, and at 20 at cents below book value.

i am not sure of a lack of professional interest here, however i do think most of the selling is public and please remember the prospectus
telling us that summit tech insiders owned nearly 70 % of that stock.

any idea how much has been sold so far? i have lost track. it is not easy to follow unless your watching all the time. good buy volume this am was crushed from general market collapse. it really does not want to stray to far from that 1 dollar mark.

ar.