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Strategies & Market Trends : 1-2-3 Get In/Get Out - On Timely, Important News -- Ignore unavailable to you. Want to Upgrade?

To: Dayuhan who wrote (1108)	6/4/1998 11:40:00 PM
From: Daniel Miller	Read Replies (1) \| Respond to of 1136

How much volume would you expect the news to help accumulate? Also to accumulate heavy volume on a stock holding at .06 is not too dificult. Considering anyone who is investing will buy at least a couple of thousand shares. Today the volume dropped 400,000 and there were only 52 trades. For each buy trade there is a sell trade. (not necesseraly but just hypothetically we'll say that). So in that case each person who placed a buy trade ordered approximetly 15,500 shares. This is when there is no news out yet, and you have the MM's bringing the price down. I believe that when the news hits, people will start packing up on volume and may cover the float, or come close. I guess we'll have to wait and see the outcome.