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Microcap & Penny Stocks : MegaWorld Inc. (MEGW) -- Ignore unavailable to you. Want to Upgrade?

To: beat the market who wrote (94)	2/4/1998 9:24:00 AM
From: DutchDT	Read Replies (1) \| Respond to of 1058

The Asked price... I noticed that the Ask hasn't dropped below 1 the past couple of days. Can we conclude a positive sign from this? The Bid has gone below 1, but has rebounded. The big close down yesterday seemed to have come from the last trade going in at the Bid, and since the Bid/Asked spread seems so wide (25%), the Last price dropped accordingly. Also, with the Bid so much lower than the Ask, doesn't this normally imply that the MMs are very reluctant sell their shares (for whatever their reason might be)? A Bullish sign perhaps? Opinions? Experience? But then again, today IS another day...