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Microcap & Penny Stocks : ICVI (now MTEI) -- Ignore unavailable to you. Want to Upgrade?


To: Mike Ankley who wrote (6064)6/1/1998 7:46:00 PM
From: Jonathan Lebed  Read Replies (2) | Respond to of 11850
 
ICVI CHAT IN 15 MINUTES!!!

mIRC
DALNET
#pennystocks

Download mIRC at www.mirc.com

Jon



To: Mike Ankley who wrote (6064)6/1/1998 7:50:00 PM
From: Lee Walsh  Read Replies (2) | Respond to of 11850
 
The 5 x 5 and the 25 x 5 are the amount of shares that the MM "MUST" buy or sell before they can change their price. 5 =500 and 25=2500

the 500 is the minimum for a bb issue...

This usually decreases down to this value when stocks are more volatile, as the mm's want to be able to move up or down quickly.

I think the churning that went on today $1.56 to $1.18 then back to $1.50 helped the MM's get out of their bind somewhat, But there is a ton of buying pressure on this stock, and they won't hold that down....in my opinion......Rico might add or evaluate this statement..

$10.00??? Lets go for it!!

Lee