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Microcap & Penny Stocks : New Sky Communications (NSKY) -- Ignore unavailable to you. Want to Upgrade?


To: NEW SKY GUY who wrote (1705)8/24/1998 6:26:00 PM
From: Donster  Read Replies (1) | Respond to of 2601
 
To all: I got home too late to reach anyone at the company. Ill try again tomorrow morning if Reynolds doesn't return my voicemail message beforehand. I'll post an update as soon as I know something.

Patrick: My view on today's activity (or lack thereof) is that the MMs really don't know what to do with NSKY. We all know our closing price Friday should have been .025, except for that $200 maneuver near the bell painting the tape. Everybody anticipates news and nobody wants to sell at the asks that are being hung out there. We supported a .026-.027 level most of the day with huge gaps between transactions. The MMs finally had to fill the .03s. We may have a new support level here until news is released. Regards.

Donster