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

To: Nescom who wrote (53)8/13/1998 8:53:00 AM
From: Craig K  Read Replies (2) | Respond to of 5908
 
Your right....it was not internet buying yesterday...this thread didn't even exist...I checked numerous times...I bet that today we will see some internet buying....Interesting thing about MMs, they pretty much refuse to loose any money...I don't think that they will slam it, but rather wait for the buying steam to subside and drive it down..This stock is going to trade a large volume today, so they may try to hold a lid on it until volume comes down.....They always have time on their side and they use it...The question is, how short are they willing to go to hold it...If this volume keeps up , they will have no choice but to let it go up, but if it dries up...watch out.....

Craig



To: Nescom who wrote (53)8/13/1998 9:08:00 AM
From: xbrent  Read Replies (2) | Respond to of 5908
 
I assume that IDCN will reject the .37 cent buy out offer formally perhaps as early as today. I wonder if they will send out more smoke signals in terms of an offer that they would accept. If they talk $10 they might scare off anyone else. On the other hand, puffery is puffery and interested buyers will just crunch the numbers relative to the cost of mining vis a vis sample results and the range of potential reserves.


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