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Microcap & Penny Stocks : EXSO -- Consolidated Eco-Systems (Exsorbet Industries) -- Ignore unavailable to you. Want to Upgrade?


To: Deviltrader who wrote (3949)3/13/1998 10:53:00 AM
From: ChrisJP  Read Replies (1) | Respond to of 5015
 
Dear DT,

I think the selling is purely in response to the MMs lowering the bid/ask this morning. My realtime indicates that the bid/ask are both at .11 and that for the last 30 minutes it's been mostly buys (I think).

If mass selling were in effect (or mass buying for that matter) you would see 100,000 shares traded every 10 minutes ! At least this was the volume rate when EXSO was on the NASDAQ. Total volume for the day during past runups was 6 - 7 million shares/day.

Regards,
Chris