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Microcap & Penny Stocks : IDCN - gold, garnet, etc. -- Ignore unavailable to you. Want to Upgrade?


To: xbrent who wrote (32)8/12/1998 9:08:00 PM
From: BigAppleBoy  Respond to of 5908
 
Well,Based on Level II nobody paid less than .08 a share.The MM's start selling shares already 100% higher than previus closing date.So they did respond to the news like they supposed to do.

Here is today's trading activity.IRG trades means they are cancel order's or among MM's trades


IDCN
Date Time Price Volume Exch Type Bid BSize BEx Ask ASize AEx Cond
Vl:
8/12/98 12:45 .0800 15000 U Trade
8/12/98 12:46 Best Bid .0800 5000 U
8/12/98 12:46 Best Ask .0800 5000 U .0850 5000 U
8/12/98 12:48 Best Bid .0750 5000 U .0850 5000 U
8/12/98 12:48 Best Ask .0750 5000 U .0850 5000 U
8/12/98 12:49 .0850 5000 U Trade
8/12/98 12:49 .0800 10000 U Trade
8/12/98 12:50 Best Bid .0750 5000 U .0850 5000 U
8/12/98 12:50 Best Ask .0750 5000 U .0800 5000 U
8/12/98 12:56 .0800 20000 U Trade
8/12/98 12:56 .0800 9000 U Trade
8/12/98 12:56 .0800 9000 U Trade
8/12/98 12:57 .0800 20000 U Trade
8/12/98 12:57 .0800 20000 U Trade
8/12/98 12:58 .0775 30000 U Trade
8/12/98 12:59 .0800 50000 U Trade
8/12/98 12:59 Best Bid .0750 5000 U .0800 5000 U
8/12/98 12:59 Best Ask .0750 5000 U .0850 5000 U
8/12/98 12:59 Best Bid .0800 5000 U .0850 5000 U
8/12/98 12:59 Best Ask .0800 5000 U .0850 5000 U
8/12/98 12:59 .0800 5000 U Trade
8/12/98 12:59 .0800 5000 U Trade
8/12/98 13:00 .0850 10000 U Trade
8/12/98 13:00 .0850 10000 U Trade
8/12/98 13:00 .0800 30000 U Trade
8/12/98 13:01 .0850 15000 U Trade
8/12/98 13:03 .0850 80000 U Trade
8/12/98 13:03 .0850 80000 U Trade
8/12/98 13:03 .0850 25000 U Trade
8/12/98 13:03 .0850 25000 U Trade
8/12/98 13:04 .0850 100000 U Trade
8/12/98 13:04 .0850 10000 U Trade
8/12/98 13:04 .0800 100000 U Trade
8/12/98 13:06 .0850 10000 U Trade
8/12/98 13:06 .0850 4700 U Trade
8/12/98 13:06 .0850 4700 U Trade
8/12/98 13:06 Best Bid .0800 5000 U .0850 5000 U
8/12/98 13:06 Best Ask .0800 5000 U .0900 5000 U
8/12/98 13:06 .0850 10000 U Trade
8/12/98 13:08 .0900 45000 U Trade
8/12/98 13:08 .0900 7000 U Trade
8/12/98 13:08 .0900 7000 U Trade
8/12/98 13:08 Best Bid .0850 5000 U .0900 5000 U
8/12/98 13:08 Best Ask .0850 5000 U .0900 5000 U
8/12/98 13:08 Best Bid .0850 5000 U .0900 5000 U
8/12/98 13:08 Best Ask .0850 5000 U .0950 5000 U
8/12/98 13:09 Best Bid .0900 5000 U .0950 5000 U
8/12/98 13:09 Best Ask .0900 5000 U .0950 5000 U
8/12/98 13:09 .0900 5000 U Trade
8/12/98 13:10 .0850 10000 U Trade
8/12/98 13:09 Best Bid .0900 5000 U .0950 5000 U
8/12/98 13:09 Best Ask .0900 5000 U .1000 5000 U
8/12/98 13:10 .1000 20000 U Trade
8/12/98 13:10 .1000 20000 U Trade
8/12/98 13:10 .1000 2500 U Trade
8/12/98 13:10 .1000 2500 U Trade
8/12/98 13:10 .0900 5000 U Trade
8/12/98 13:10 .0850 100000 U Trade
8/12/98 13:11 .1000 5000 U Trade
8/12/98 13:11 .0900 5000 U Trade
8/12/98 13:11 .0950 22500 U Trade
8/12/98 13:12 .0900 35000 U Trade
8/12/98 13:12 .0950 12000 U Trade
8/12/98 13:12 .0950 25000 U Trade
8/12/98 13:13 Best Bid .0900 5000 U .1000 5000 U
8/12/98 13:13 Best Ask .0900 5000 U .0950 5000 U
8/12/98 13:13 Best Bid .0850 5000 U .0950 5000 U
8/12/98 13:13 Best Ask .0850 5000 U .0950 5000 U
8/12/98 13:13 .0937 10000 U Trade
8/12/98 13:13 Best Bid .0850 5000 U .0950 5000 U
8/12/98 13:13 Best Ask .0850 5000 U .0900 5000 U
8/12/98 13:14 .0900 10000 U Trade
8/12/98 13:14 .0937 10000 U Trade
8/12/98 13:14 Best Bid .0850 5000 U .0900 5000 U
8/12/98 13:14 Best Ask .0850 5000 U .0950 5000 U
8/12/98 13:14 .0900 25000 U Trade
8/12/98 13:15 Best Bid .0900 5000 U .0950 5000 U
8/12/98 13:15 Best Ask .0900 5000 U .0950 5000 U
8/12/98 13:15 .0900 5000 U Trade
8/12/98 13:15 .0950 5000 U Trade
8/12/98 13:16 .0950 15000 U Trade
8/12/98 13:16 .0950 15000 U Trade
8/12/98 13:16 .0900 10000 U Trade
8/12/98 13:16 .0900 25000 U Trade
8/12/98 13:16 .0950 15000 U Trade
8/12/98 13:17 .0900 10000 U Trade
8/12/98 13:17 .0937 10000 U Trade
8/12/98 13:18 .0900 30000 U Trade
8/12/98 13:18 Best Bid .0850 5000 U .0950 5000 U
8/12/98 13:18 Best Ask .0850 5000 U .0950 5000 U
8/12/98 13:18 .0850 50000 U Trade
8/12/98 13:18 .0900 5000 U Trade
8/12/98 13:18 .0937 5000 U Trade
8/12/98 13:18 Best Bid .0900 5000 U .0950 5000 U
8/12/98 13:18 Best Ask .0900 5000 U .0950 5000 U
8/12/98 13:19 .0950 10000 U Trade
8/12/98 13:19 .0850 50000 U Trade
8/12/98 13:19 .0900 5000 U Trade
8/12/98 13:19 .0937 5000 U Trade
8/12/98 13:20 .0950 30000 U Trade
8/12/98 13:21 .0950 50000 U Trade
8/12/98 13:21 .0900 5000 U Trade
8/12/98 13:21 .0937 2500 U Trade
8/12/98 13:22 .0950 20000 U Trade
8/12/98 13:22 .0950 20000 U Trade
8/12/98 13:22 .0900 5000 U Trade
8/12/98 13:22 Best Bid .0900 5000 U .0950 5000 U
8/12/98 13:22 Best Ask .0900 5000 U .1000 5000 U
8/12/98 13:23 .0900 65000 U Trade
8/12/98 13:23 .0950 7500 U Trade
8/12/98 13:23 .0950 7500 U Trade
8/12/98 13:23 .0900 5000 U Trade
8/12/98 13:23 .1000 2500 U Trade
8/12/98 13:23 .1000 5000 U Trade
8/12/98 13:23 .1000 5000 U Trade
8/12/98 13:23 .1000 10000 U Trade
8/12/98 13:23 .1000 10000 U Trade
8/12/98 13:23 .0900 75000 U Trade
8/12/98 13:23 .0950 5000 U Trade
8/12/98 13:23 .1000 15000 U Trade
8/12/98 13:23 Best Bid .0950 5000 U .1000 5000 U
8/12/98 13:23 Best Ask .0950 5000 U .1000 5000 U
8/12/98 13:23 .1000 70000 U Trade
8/12/98 13:24 .0950 5000 U Trade
8/12/98 13:24 .0950 5000 U Trade
8/12/98 13:24 .0950 5000 U Trade
8/12/98 13:25 .1000 7500 U Trade
8/12/98 13:25 .1000 5000 U Trade
8/12/98 13:25 .1000 5000 U Trade
8/12/98 13:25 .1000 5000 U Trade
8/12/98 13:26 .0950 5000 U Trade
8/12/98 13:26 .1000 15000 U Trade
8/12/98 13:26 .1000 5000 U Trade
8/12/98 13:26 .1000 5000 U Trade
8/12/98 13:26 .1000 10000 U Trade
8/12/98 13:27 .1000 20000 U Trade
8/12/98 13:28 .1000 50000 U Trade
8/12/98 13:28 .1000 25000 U Trade
8/12/98 13:28 .0950 5000 U Trade
8/12/98 13:29 .0950 15000 U Trade
8/12/98 13:29 Best Bid .0900 5000 U .1000 5000 U
8/12/98 13:29 Best Ask .0900 5000 U .1000 5000 U
8/12/98 13:31 .1000 40000 U Trade
8/12/98 13:32 Best Bid .0950 5000 U .1000 5000 U
8/12/98 13:32 Best Ask .0950 5000 U .1000 5000 U
8/12/98 13:32 .1000 30000 U Trade
8/12/98 13:32 .0950 5000 U Trade
8/12/98 13:33 .1000 10000 U Trade
8/12/98 13:34 .1000 25000 U Trade
8/12/98 13:34 .1000 5000 U Trade
8/12/98 13:34 .1000 5000 U Trade
8/12/98 13:34 .0950 25000 U Trade
8/12/98 13:35 .1000 4800 U Trade
8/12/98 13:35 .1000 4800 U Trade
8/12/98 13:35 Best Bid .0900 5000 U .1000 5000 U
8/12/98 13:35 Best Ask .0900 5000 U .1000 5000 U
8/12/98 13:36 .0950 20000 U Trade
8/12/98 13:36 Best Bid .0900 5000 U .1000 5000 U
8/12/98 13:36 Best Ask .0900 5000 U .0950 5000 U
8/12/98 13:36 .1000 5000 U Trade
8/12/98 13:38 .0950 10000 U Trade
8/12/98 13:39 .0950 3000 U Trade
8/12/98 13:39 .0950 3000 U Trade
8/12/98 13:40 .0950 20000 U Trade
8/12/98 13:40 .0950 25000 U Trade
8/12/98 13:40 .0950 25000 U Trade
8/12/98 13:41 .0950 25000 U Trade
8/12/98 13:41 .0950 25000 U Trade
8/12/98 13:41 .0950 25000 U Trade
8/12/98 13:42 .0950 20000 U Trade
8/12/98 13:43 Best Bid .0900 5000 U .0950 5000 U
8/12/98 13:43 Best Ask .0900 5000 U .1000 5000 U
8/12/98 13:43 .0950 20000 U Trade
8/12/98 13:43 .0950 20000 U Trade
8/12/98 13:43 .0950 20000 U Trade
8/12/98 13:43 .1000 30000 U Trade
8/12/98 13:43 .1000 30000 U Trade
8/12/98 13:44 Best Bid .0950 5000 U .1000 5000 U
8/12/98 13:44 Best Ask .0950 5000 U .1000 5000 U
8/12/98 13:45 .0950 100000 U Trade
8/12/98 13:46 .1000 10000 U Trade
8/12/98 13:46 .0950 10000 U Irg Trade Cancel
8/12/98 13:46 .1000 40000 U Trade
8/12/98 13:46 .1000 40000 U Trade
8/12/98 13:47 .1000 5000 U Trade
8/12/98 13:47 .1000 5000 U Trade
8/12/98 13:47 .1000 10000 U Trade
8/12/98 13:47 .0925 85000 U Trade
8/12/98 13:47 .1000 40000 U Trade
8/12/98 13:47 .1000 5000 U Trade
8/12/98 13:47 Best Bid .0950 5000 U .1000 5000 U
8/12/98 13:47 Best Ask .0950 5000 U .1050 5000 U
8/12/98 13:50 .1050 15000 U Trade
8/12/98 13:50 .1050 15000 U Trade
8/12/98 13:52 Best Bid .0950 5000 U .1050 5000 U
8/12/98 13:52 Best Ask .0950 5000 U .1000 5000 U
8/12/98 13:52 Best Bid .0950 5000 U .1000 5000 U
8/12/98 13:52 Best Ask .0950 5000 U .1050 5000 U
8/12/98 13:54 Best Bid .0950 5000 U .1050 5000 U
8/12/98 13:54 Best Ask .0950 5000 U .1000 5000 U
8/12/98 13:56 .1000 40000 U Trade
8/12/98 13:56 .1000 10000 U Trade
8/12/98 13:56 .1000 10000 U Trade
8/12/98 13:57 .1000 10000 U Trade
8/12/98 13:57 .1000 10000 U Trade
8/12/98 13:57 .1000 5000 U Trade
8/12/98 14:01 .0950 50000 U Trade
8/12/98 14:02 .0950 10000 U Trade
8/12/98 14:02 .1000 10000 U Trade
8/12/98 14:02 .1000 10000 U Trade
8/12/98 14:03 .0950 5000 U Trade
8/12/98 14:04 .0950 10000 U Trade
8/12/98 14:09 .1000 5000 U Trade
8/12/98 14:10 .0950 30000 U Trade
8/12/98 14:10 .1000 10000 U Trade
8/12/98 14:10 .1000 2500 U Trade
8/12/98 14:10 Best Bid .0950 5000 U .1000 5000 U
8/12/98 14:10 Best Ask .0950 5000 U .1050 5000 U
8/12/98 14:14 .1000 20000 U Trade
8/12/98 14:14 .1050 20000 U Trade
8/12/98 14:15 .1050 2000 U Trade
8/12/98 14:18 .1050 5000 U Trade
8/12/98 14:18 .1050 10000 U Trade
8/12/98 14:20 .1050 33300 U Trade
8/12/98 14:20 .1050 33300 U Trade
8/12/98 14:20 .1050 50000 U Trade
8/12/98 14:20 .1050 3000 U Trade
8/12/98 14:20 .1050 3000 U Trade
8/12/98 14:20 .1050 10000 U Trade
8/12/98 14:20 .1050 10000 U Trade
8/12/98 14:22 .1000 50000 U Trade
8/12/98 14:27 .1050 5000 U Trade



To: xbrent who wrote (32)8/12/1998 9:16:00 PM
From: Nescom  Read Replies (2) | Respond to of 5908
 
Just an observation.

I don't know if you have level II but if you do then you would have noticed that a maker named FRAN or Frankel was bullish on the bid all afternoon. Sometimes he was all by himself when the usual profit taking was taking place and the other makers started what appeared for them to bring the stock down. The maker was there buying all that the investors wished to sell. It is my opinion that this maker is there on behest of the company to accumulate. He was top bid most all day and outside ASK with a .18 ASK price. This is an accumulation posture and I believe this is how the company plans to buy the shares. I don't ever beleive that companies will buy stock at the ask. Most likely they will create an account with a freindly maker take stock on the bid price and sometimes the maker can be instructed to buy from other makers at negotiated prices. This is only my opinion and observation while the stock was trading this afternoon. I must say it was quite a show on the Level II screen. The makers did not know where to take this stock. Three times I watched them go down on the ASK side and then the Bid side. There was always a maker out bidding the other once this occured and investors kept buying even when they brought the ASK down as a head fake. I can't predict what will happen tomorrow but this stock traded an average of $800,000 dollars or more this trading day and I say that is very bullish for a crappy market that we're in right now.

Nescom out-



To: xbrent who wrote (32)8/13/1998 8:03:00 AM
From: Mr Metals  Read Replies (1) | Respond to of 5908
 
It is possible that the MM would do a head fake right after the open to try and pick up some cheap shares.

I prayed all last night that they do:-) I will just but more stock. I hope it goes to a dime again.

Good luck everyone,

Mr Metals