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Microcap & Penny Stocks : MDCE ... Where Entertaiment and Education Embrace -- Ignore unavailable to you. Want to Upgrade?


To: Dusty who wrote (1415)3/24/1998 6:29:00 PM
From: Ga Bard  Respond to of 3046
 
OK Dusty ... if you have a buyer and a seller the stock does not move. The volume is a false reading of what the float is unless it is mostly buys at which time it will rise. If more sells it will go down.

Ex.

25000 buy
50K buy
30K sell
40 k sell

that would be 145K traded in volume without any double print. Notice the stock does not mive in price.

GaBard



To: Dusty who wrote (1415)3/24/1998 6:39:00 PM
From: Clidec  Read Replies (1) | Respond to of 3046
 
You are correct. There are alot of daytraders and also people that are in around .16 that are taking their profits. Good news is that we should be forming a new base in the 20's. There are still alot of douters--hopefully they will be out soon and we can go to the next level. It will be important to have buying coming in at a steady pace when the selling occurs and I think MDCE knows it. That is why the release happened yesterday. I don't blame anyone for taking their profits. The company just needs new investors to take up the slack. later cj