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Microcap & Penny Stocks : ProNetLink...PNLK...Click here to enter -- Ignore unavailable to you. Want to Upgrade?


To: jwk who wrote (3708)10/16/1998 4:05:00 PM
From: keith warren  Read Replies (1) | Respond to of 40688
 
anyone see that 150k trade. lot of buying at the bid i believe. imho. keith



To: jwk who wrote (3708)10/16/1998 4:11:00 PM
From: HairBall  Respond to of 40688
 
To All: At 15:48 EDT a block order of 150K shares traded at the bid. This most likely indicates that someone sold a big block! MMs are now most likely holding the shares. Thus, the MMs will move the price up to distribute the shares accumulated!

Anyone with time/sales data take a look! Just something to note and keep an eye out for while you wait for PNLK to take off! Don't let those scoundrels (MMs) take advantage!

It has been a slow day, so I put PNLK on my radar screen today.

BWDIK
Regards,
LG
EDIT: MMs may likely let the price fall back, after distibuting the shares!