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Microcap & Penny Stocks : HeartSoft Incorporated (HTSF) -- Ignore unavailable to you. Want to Upgrade?


To: Mel Spivak who wrote (694)7/9/1998 4:00:00 PM
From: Benjamin Shell  Respond to of 1781
 
HTSF Rebound?

What the number and size of trades which have been and will continue to occur anywhere above the quoated bid - these are for all practical purposes, purchases away from the market. Blocks of 5,000 to 10,000 will indicate the presence of "buyers" of the stock - but it will take about another 50,000 shares before the stock could begin to respond to these orders. Some of the MM have an small inventory, so this will need to me moved and then the low asks will need to be bought through.

Should be intriquing to watch from now on as we talk this issue from a PR standpoint.

FYI advisory! Benjamin