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Microcap & Penny Stocks : International Nursing Services Inc, old (NURS) new (MDIX) -- Ignore unavailable to you. Want to Upgrade?

To: Mike Moran who wrote (997)	5/7/1998 11:00:00 AM
From: eric deaver	Read Replies (2) \| Respond to of 2911

Please bear with me Mike. I would like to continue this conversation : <<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. >> A limit order would have handled that easily. <<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. >> This theory supports the idea that people will hold onto their shares at .75 for the risk of a greater reward (if the risk seems minimal) in the near future. Heck, you are contending that all 11-12MM shares are held by these people who are anxious to vote for a take over just to cash out but will hold through those levels on rumor and speculation of a Mon. gap up. This doesn't seem logical to me. FWIW, Eric