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Microcap & Penny Stocks : SCAN OPTICS (NASDAQ:SOCR) -- Ignore unavailable to you. Want to Upgrade?


To: Speed Racer who wrote (508)2/4/1998 4:15:00 PM
From: Sparky Beardslee  Read Replies (1) | Respond to of 576
 
It looks like we are going to retest the lows of Dec. (6 3/4), then on to $4.50.

Sparky



To: Speed Racer who wrote (508)2/4/1998 4:53:00 PM
From: John T. Hardee  Read Replies (1) | Respond to of 576
 
I would love to know how 10,000 shares were sold at the close at 7 1/8.

What may have happened, we had a lot of stop losses posted and the Market makers reached down and got them all. This was a quick move in price change. The market makers will make 3/8 tomorrow when they open the ask price at 7 1/2 tomorrow. This happens quite often, MM stealing the stop losses. They know where all stop losses are located. A lot of people got screwed by the MM.

We will see $8+ tomorrow..