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To: Gennaro who wrote (11)5/20/1998 9:04:00 AM
From: Vegas  Read Replies (1) | Respond to of 42
 
There were 74,200 shares trade at or below .50 from 3pm on (Maybe the last was a 13,200 buy at .50???). It looks like mostly buys before that. I guess we need someone with Level II or more expertise to evaluate. Looks like mm games to me. However looking at the historical pricing would confirm that the stock moves quickly.

Last week (5/11-5/12) it closed at .462 one day and moved down to .312 (48% loss) on only 10,000 share volume. Looks like every sell they move the bid down and every (other) buy move the ask up. The bid did not go above .53 yesterday even though the ask moved up to .625. (18% spread) ?!?!?

JF