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Microcap & Penny Stocks : American International Industries Inc. OTC BB Symbol EDII -- Ignore unavailable to you. Want to Upgrade?


To: StandFast who wrote (1508)7/23/1998 10:25:00 AM
From: ColinD  Respond to of 4814
 
Has anyone noticed the change in trading of the stock. Even though the volume is lower these last 10 days trading has been very stable with no wild unexplainable bids.

I would hazard a guess that the MM's have decided that playing with EDII has become too risky and they have moved on to other stocks. They had their fun for a while (money games). IMO this is very positive for the long term.

The recent news posted re the shorters is also great and I think that Dror calling for investors to secure their certificates has also had a beneficial effect.

Albeit the stock is trading a little lower, I think it is trading from a stronger base. IMO

ColinD