Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : CHRONICLE COMM. (CRNC)GREAT NEW CO. - ONLY 900K FLOAT& -- Ignore unavailable to you. Want to Upgrade?

To: neverenough who wrote (68)	10/26/1998 5:36:00 PM
From: myturn	Read Replies (1) \| Respond to of 694

Can anyone tell me what happen the last 30 minutes of trading? The bid/ask is definitely more realistic and will allow for more anticipated buying to come into the stock in the coming days. I have been informed the large spread is because CRNC is a relatively new company that has seen very little trading up to this point. Once we get continued buying coming into the stock; we will begin to see a steadier climb with more liquidity. A source close to the company says there are very few shares to be had and that is why we are seeing the big swings in price. As long as we all continue to remain patient and not give into the MM's and go chase another stock, I truly believe we could push CRNC up to the $2-$3 range in the short term. An example of a stock that traded in the 3/8- 1/2 range for about 2 months was CLWK. One day it broke out and had hit recent high of $4.00. It is now back down to around $1.50, getting poised to make it's next run. We may have the same kind of stock here with CRNC. Once we get the shares, what few shares there are out into strong hands; we could easily trade in the $2-$3 range for some time.

To: neverenough who wrote (68)	10/26/1998 5:37:00 PM
From: The Hydra	Read Replies (1) \| Respond to of 694

Bongagong, being an ex-university hockey player there would nothing I would like better but to take the MMs on the ice sheet and ride them into the boards so hard I'd pop the fillings out of their teeth. I can honestly tell you that if our Canadian counterpart to an MM tried to manipulate the trading price on a stock the way they did today not only would the SEC have ordered the trading on the issue halted but they would also have a microscope so far up their ying-yang they would probably choke on their words trying to justification their irresponsible actions. Anyways enough said, I hope they learned their lesson today. I hope you can trigger off your trade before the next big PR hits the street. Good luck to all. The Hydra