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Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!! -- Ignore unavailable to you. Want to Upgrade?


To: LAWRENCE C. who wrote (2884)5/4/1998 5:15:00 PM
From: Richard B. Haenisch  Respond to of 50264
 
LAWRENCE,

I checked RNTK, the reason why that stock isn't moving is because buys and sells are offsetting. DGIV today had a ratio of 3:1 buys to sells and only 1/8 spread!

.... Just got a message from my friend - he is going to check with his sources on todays activity, but he said on first look it does look like the MM were covering today...

I will keep you posted...

Rico




To: LAWRENCE C. who wrote (2884)5/4/1998 9:38:00 PM
From: jwk  Respond to of 50264
 
LLC -- your'e right. To be more percise I should have said that I have not seen a price sit so still for so long with such a tight spread on a stock which had up until then been so dynamic.

RNTK too had it's rise from the pennies but never made it much past 3 and then pretty much stalled in a trading range waiting news on the TX deal (I've been profitably in and out of it -- currently back in).

Very different, imho, from, the situation today with dgiv.

>>> Actually I've seen the bid ask sit totally still on RNTK for long periods of time.
Lucky Lawrence <<<