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


To: Moonglow who wrote (11590)6/10/1998 5:47:00 PM
From: Tim Luke  Read Replies (1) | Respond to of 11850
 
I can't even keep up with this thread anymore, not enough hours in the day.



To: Moonglow who wrote (11590)6/10/1998 6:06:00 PM
From: Andeveron  Respond to of 11850
 
>> if things don't start happening as we have been told...or if other suspicious things start to happen...I'll be out of here <<

You're taking a reasonable position and are looking at things logically. It is the blind supporters and cheerleaders that always seem to stay too long and end up losing their shirts.

>> the price went up along with the volume. And now that the price is going down, the volume is much lower. <<

When the price was going up, someone had to supply those shares that the frenzy was buying into. The shares that you see being sold now may simply be impatient or wary hands jumping out now that the price is declining. Others will hold, hoping for a spike, so I would not expect every share that was bought last week to be sold at this point.