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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?


To: Matthew Cooper who wrote (14940)5/6/1998 10:27:00 AM
From: Dave Gore  Respond to of 34592
 
Hey Matt, I agree, but when a stock is rising and reaches a new level WITHOUT A DOWNTICK ON PRICE ON THE BID, that is usually very bullish, particularly when we know the MM's are short shares.

See a nice trend here on <ISDN>? Combine that with the fact thatit is only recently down from $3.25 area (for no reason)& the high is $4.75

DATE CLOSE VOL

5/5/98 2 350,500
5/4/98 1-11/16 155,500
5/1/98 1-1/2 11,500

PS-- the close yesterday of $2.00 was on the ask, so it appears to want to go higher, no? Remember PNLK? I could be wrong but I like this action....we just need more buying to put us over the top