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Microcap & Penny Stocks : INFE ... Infocall another Sleeper -- Ignore unavailable to you. Want to Upgrade?


To: Sapper MSG who wrote (543)5/19/1998 4:40:00 PM
From: Theo  Read Replies (1) | Respond to of 10343
 
Sapper,

Take advantage of this negativity and buy the $7,000 dollars worth that sold today.

I'd sooner believe that the value is closer to $3500 just because of the way the volume is tabulated ie., "double accounting", so in reality we had what? 23 , 24, 25 thousand actually trade?

I find it strange that with a float of 2.6 million shares, 25k sells (IF they were all sells) causes a %36+ drop...c'mon gimme a break. Day -traders bailing? I think so ;-) I can also see the MM's rolling this along too, but, I would hesitate to try and pull it off myself given the extreme swings in price associated with little (and I mean little) volume...:-)

BTW, I put in a call to Tom today (to ask about the Milvets teaming arrangement), but, instead I got the "he's stepped out can I have him call you" story... Makes me think they were probably bombarded with investor calls today...

Theo