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Microcap & Penny Stocks : CYCOMM (CYII)-on aquisition trail -- Ignore unavailable to you. Want to Upgrade?


To: Don Parker who wrote (993)1/22/1998 6:03:00 PM
From: Don Parker  Respond to of 1800
 
Could it be that the supply of the 1 5/8 sellers is finally drying up?
Matt, my Vickers report shows that XL Vision is only holding 300,000 shares. They had 800,000 to start, sold twice and were still holding the 300. The Vickers report on Cycomm does not show the Dec buying either, at least the report I am able to get from Schwab does not.



To: Don Parker who wrote (993)1/22/1998 6:20:00 PM
From: Bullseye  Read Replies (2) | Respond to of 1800
 
> For some unknown reason the MM raised the ask today late to 2 1/16.
> He didn'd do that all week long even when buys were going off on the
> ask and volume was heavier.
> 1 5/8 bid.... 2 1/16 ask

Let's say , it is my post about CYI's institutional investors that woke up the specialist at pacific <big smile>

You're right, I checked my screen again and it showed to my surprise that 3 exchanges had a range violation (ie: don't post any ask), with only 2 valid asks
-> pacific ask at 2 1/16 ..and.. OTC ask 2 1/2
If this were nasdaq, the stock would normally open higher (in this case, a LOT higher).. However, I don't know about amex.

One thing is for sure : the way pacific and otc have set prices has been very odd in the last 2 days. I have seen otc keeping their bid at 7/8 (for over a week) and changing it regulary to 3/4 for no apparent reason (building a spread of almost $2 !!), whereas yesterday pacific started upping ask from 1 5/8 to 1 7/8 and now 2 1/16

Anyone with some experience in amex stocks want to clarify this ?
Either we are preparing for warp speed or I'll beam myself up to the amex and set the pricing right.

Bullseye!