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Microcap & Penny Stocks : KCAP - Key Capital Corporation -- Ignore unavailable to you. Want to Upgrade?

To: zgoodman who wrote (181)10/23/1998 4:21:00 PM
From: OFW  Read Replies (1) | Respond to of 459
 
It was so obvious of a shake out by the MMs, that anyone invested in this stock right now, especially in light of the recent run-up, should be worried about an SEC halt (my humble opinion only).

I would not be in this stock for anything over the weekend and early next week --- too much risk.

BTW, have daytraded long-enough to know these "shake-outs" are common place. MM's didn't just settle a BILLION dollar case for manipulation for no reason --- and you saw that reason today.

Offie



To: zgoodman who wrote (181)10/23/1998 4:27:00 PM
From: Lee Walsh  Respond to of 459
 
On the 2 minute chart....

Volume Price Range
4000 $4.73-4.65
6500 4.65-4.50
9400 4.50-3.50
24000 3.50-2.40
37000 2.40-2.125

Then 83000 shares to bounce it back up...

The bulk of the volume didn't get filled until below $3.50 on the drop.....That was a tremendous headfake by the MM's who had to be working in collusion to pull something like that off.

SEC....where are you

Lee


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