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Microcap & Penny Stocks : IELSF-Flight to Fortune Or? -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (300)7/22/1998 9:31:00 AM
From: StockTrader  Respond to of 520
 
The $350,000 cash was as of 3/31/98. Since then they received a milestone investment when they flew their first flight on SIA.



To: Zeev Hed who wrote (300)7/23/1998 2:42:00 AM
From: Intrepid1  Read Replies (2) | Respond to of 520
 
Hi Zeev, I actually managed to watch some of the live trading today in IELSF. During the time I watched there were trades all in 5000 share blocks. Plus there was 35,000 shares offered for sale at $2.00. HCM these types of trades are not indicative of small investors getting blown out of their margin positions. The seller(s) is someone peeling off a large position.

Perhaps Zeev is right. Would you care to comment on the trading patterns HCM?

purething