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Microcap & Penny Stocks : The Real Micro-penny- Less then one penny!! -- Ignore unavailable to you. Want to Upgrade?

To: Daniel Miller who wrote (153)	6/29/1998 6:48:00 PM
From: Bill Story	Read Replies (1) \| Respond to of 906

Be carefull, I have noticed lately that something has been happening with very small stocks like ches, lbgf, abd tchp. It seem that a "strike" force hits them for 1 or 2 days, raises the bid and ask thru pure volume, then on the 2nd or 3rd day sells. What happens is someone buys 1 mil shares of something that is .01 cents runs it up to .02 or .03 cents, all the while other people watching the momentum jump in. While all this is happening, the original "strike" force sells out at .02 and gains 10,000 dollars. the next couple of days the volume drops off and everyone that bought at .03 and .04 are left holding the bag and a decent lose. I dont know if that is what is going on but it appears to me that it is. If you have some FACTS on CHES that I can go verify, please share them, if it is only rumor and you CANNOT verify, I would reconsider if I were you. This is all just my opinion of course. Would love to know what others think about the same thing..... Bill