Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: DG Cruise who wrote (7540)	6/3/1998 5:10:00 PM
From: proud dad	Read Replies (1) \| Respond to of 11850

Wouldn't it be nice if they released it early to catch market makers off guard.

To: DG Cruise who wrote (7540)	6/3/1998 5:17:00 PM
From: Lee Walsh	Respond to of 11850

All, I was really pretty impressed with our little stock today. Even though we were down, if you look at it on a 5 min chart, you see we hit $1.00 twice and bounced right back. $1.00 is a VERY IMPORTANT SUPPORT LEVEL!!! I had an limit buy order setting there all afternoon and it never got filled. Everyone could hold this stock above $1.00 tomorrow very easily if we all do the same. Really a pretty strong close also, we were up about 6 cents in the last 10 minutes. The way I see it, yesterday was a profit taking day, today was an accumulation day. I think we will be up a bit tomorrow, and Friday will be a good day. Also, (and Rico can verify this) The market makers did a significant amount of covering today (in the bounces off of $1.00) Those were mini shortcovering/rallys..intraday. Also, this company has been known to release news a bit earlier than was anticipated (surprise factor) They also release early in the AM...last 2 at 6:AM eastern. Might we get some news on friday??? Time will tell!! Lee