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Microcap & Penny Stocks : ETPI-Military Entertainment Enters Civilian Market -- Ignore unavailable to you. Want to Upgrade?


To: Mark S. Schroeder who wrote (199)4/20/1998 11:12:00 AM
From: Gator  Respond to of 4767
 
Big buys (15,000 @ $0.92). That's $13,800 in one chunk. That's not your typical SI penny stock junky. That looks more like broker/institutional/money manager type of buying. Mutual funds don't mess with BB stocks until they hit the larger exchanges, but money managers and investment groups can. Bid is inching up towards the ask. I've got a feeling that the cheap stock is getting harder to come by. Not too many people are anxious to sell prior to wave of potentially explosive news (plus, the reason why everyone buys BB stocks is for the potential of moving up to the big board, so why sell now?). Nothing but positive pressure on this one for a while.

Gator