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 : BANY: Core business growth, exciting affiliations! -- Ignore unavailable to you. Want to Upgrade?

To: brad greene who wrote (2114)	6/13/1998 10:03:00 AM
From: dealmakr	Read Replies (1) \| Respond to of 5847

Brad, I don't know about the free float numbers. According to the figures there are about 3.4mm in the float. I know that there are a few shareholders with large positions here. I know that the stock is thin and with any sustained buying pressure it moves up. When the spread starts to widen out it becomes a place where the MM's can short at .28 and cover 3-4 cents lower. This is a great return percentage wise in market making. .28 is resistance for this stock. The bid has to remain above it for it to go on to a new trading level. There is some new buying coming in with size here though. With news from the company of developements we can go to a new level I think. Dave