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To: eric deaver who wrote (995)5/7/1998 10:42:00 AM
From: Mike Moran  Read Replies (1) | Respond to of 2911
 
<< If these 11-12 MM shares think .75 is ok, why didn't they all sell in April? >>

Because the stock was at the $.75 for only about 3 hours over two days. An hour and one half on Friday and an hour and one half the following Monday.

Also, there were posts and rumors of a gap up that following Monday. A gap that never materialized. Then all the daytraders got out and the rest is history.