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Microcap & Penny Stocks : Computerized Thermal Imaging CIO (formerly COII) -- Ignore unavailable to you. Want to Upgrade?


To: Mr. K who wrote (204)4/30/1998 12:38:00 PM
From: chirodoc  Read Replies (1) | Respond to of 6039
 
<<<<<. I hope we don't get some panic selling over the next few days!

...i hope so too. but assuming the story has not changed why should the stock be worth from .60-1.00. that is a 40% difference with no news.

.....however, i will buy when it drops into the .60-.70 range which seems to be the base. but i won't bet the farm until i hear some news from the research front or FDA. everything else is heresay without approval or VERY positive objective test results.

curtis



To: Mr. K who wrote (204)4/30/1998 1:10:00 PM
From: BigWave Dave  Respond to of 6039
 
The chart I referred to is from quote.com.

fast.quote.com

It shows each trade, and a list of bid/ask. Since the time of each bid/ask are in pairs, I assume each pair comes from a different MM.
At 1:00 pm today, while the best bid/ask was .90x.92,

I saw these other pairs:
12:25:57 .968 ask
12:25:57 .843 bid
12:24:33 1.00 ask
12:24:33 .77 bid
12:23:34 1.02 ask
12:23:34 .85 bid
(The high bids mean they either don't want to be trading, or don't have many shares to trade. The low ask, to discourage anyone from buying. IMO.)

Also,
97 blocks at .92
15 blocks at .15

I am confounded also, but that is a some pretty strong buying.

I do not have Level 2, but maybe somebody could tell us more. I am guessing about all of this.

(I remember somebody from an earlier post mentioned that Meyerson had stopped shorting. How do you find that out? Which MM is moving the most shares?)

Watch the tape.