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Microcap & Penny Stocks : CYCOMM (CYII)-on aquisition trail -- Ignore unavailable to you. Want to Upgrade?


To: Don Parker who wrote (1399)7/15/1998 5:45:00 PM
From: Sterling  Read Replies (1) | Respond to of 1800
 
Yes, well it was a light day.

As you said earlier, the pressure now will be a decline resulting from Q2 loss figures. Some people will be putting their selling plan to work in here unless they have some reason to hold.

Especially will this be true of the small holders. MM's will be happy to oblige them and try to bring the price down to flush them out of the bushes. A testing period might be healthy for the stock.

Disappointing and frustrating, but we have to expect it if we do not get any institutional sponsorship.



To: Don Parker who wrote (1399)7/15/1998 5:58:00 PM
From: Robert Morrison  Respond to of 1800
 
Don. Cycomm has always been stingy when it comes to announcements and has always not promoted the company/stock at the moments when promotion makes the most sense from our point of view.

Rob



To: Don Parker who wrote (1399)7/15/1998 6:09:00 PM
From: Bullseye  Read Replies (1) | Respond to of 1800
 
Don: don't worry about the 4,800 block (3 3/4) at 15:59 ... there's a very good support at that level.

The situation today was that there were no big buyers and small sellers. These sellers won't knock the price down and any buying of around 5000 shares pushes the ask back again at $4 (ie: no big sell limits in the system)

Bullseye!