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Microcap & Penny Stocks : CSHK CASHCO MANAGEMENT Y2K -- Ignore unavailable to you. Want to Upgrade?


To: ISOMAN who wrote (3369)5/29/1998 7:05:00 PM
From: Janice Shell  Read Replies (1) | Respond to of 7491
 
I intend no offense either, but....CSHK is a penny stock, not MSFT. In terms of number of trades and value, it trades thinly: today, for example, only about $40,500 changed hands, officially. And that's just a technical number: on the Nasdaq all trades print twice--once as a buy and once as a sell--so divide in half. Once you've done that, what you've got is a pretty illiquid issue.

Illiquid stocks tend to move in exaggerated swings. News (or the lack of expected news), rumor, or what have you will contribute to this effect.

I'm not entirely sure what you're saying, but what I was saying earlier was: if the software appears as scheduled on Monday, then, yes, there'll be a pop, I should think. If not...