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Microcap & Penny Stocks : Ben Ezra Weinstein (BNEZ) -- Ignore unavailable to you. Want to Upgrade?


To: Jim B who wrote (2869)9/30/1998 7:18:00 PM
From: Leroyt  Read Replies (1) | Respond to of 9391
 
Jim,

Until the end of last week, I was trying to keep track of trading on the ASK (buys) versus selling. The last few days have been SOOOO wild that I don't think there is ANY WAY to know that from my records. Trades come through below the BID and Trades come through ABOVE the ask.

At this point, I have no real opinion except I am just installing PMA Version 1.0 and look very favorably on company prospects.

I do think the trading today was different but it would be just like the MM's to lay low today and crank it up tomorrow. But, in honesty, I do think things will cool off for a little bit and the price will stabilize, JMHO.

good luck to all BNEZ investors, I think the future looks bright.

later, leroyt



To: Jim B who wrote (2869)9/30/1998 8:51:00 PM
From: Ellen  Read Replies (2) | Respond to of 9391
 
I don't know, but given the numbers discussed earlier and the buying that's occurred in these past three days, I don't see how the "majority of the covering" could have been done. Unless the shorts were averaging up along the way...?

Also, many of those who bought in in the past day or two were probably just here for a "quick pop" and have gone. Quite frankly, a bit less volatility would be welcome. Now we can look to the coming events. As per the last release, another is on the way, so there is more to come soon on the progress this company is making.

Now, I don't know if I'm the only one, but quite frankly, I don't think it's necessary for you to post exactly what price you've paid, how many you've sold, when you've sold them, and at what price. I don't mean to sound harsh but we're here to discuss the company and its (excellent) product, not each other's trades.

with more news around the corner.. the key will be whether new money or renewed interest will now take over and internet buying along with any possible real world money (as Mitchell has alluded too) that might come into BNEZ and whether that alone can drive the price up...

I'm sorry, but I find this a frivolous statement. Please take this in the spirit in which it's intended - constructive criticism. Of course there will be "new" or "renewed" interest (also continuing interest), unless everybody has packed up and gone home. The "key", as I see it, is this company continuing along the strong path they have laid out and already taken major steps on.

Don't shoot the horse while it's still running.



To: Jim B who wrote (2869)10/1/1998 1:13:00 AM
From: lakers17  Read Replies (1) | Respond to of 9391
 
Jim in my opinion...

the weak buying could be attributed to the price of the stock. At lower price levels the stock has less downside and most penny players like to buy a greater amount of shares. As the price increases the risk increases and we need fresh money coming in, perhaps brokers and institutions with big bucks getting interested in PMA. With alliances with Quicken and Inc. Magazine they should also be able to bring in bigger money. You are right this stock is not being hyped by the penny papers so most buying is by word of mouth and most buying for now is by the penny players.

Lakers