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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL) -- Ignore unavailable to you. Want to Upgrade?


To: Jack Sman who wrote (39043)10/29/1998 10:23:00 PM
From: William Harvey  Read Replies (1) | Respond to of 41046
 
For some reason, I can't post to Cindy's log but thanks anyway.

What an exciting ride this has been! A lot of buying from the open to to 9:55am: 160k/offer vs 49.9k/bid. Buying resumed at 11:22 and held strong to the end of day: 201.5k/offer vs 89.9k/bid. In between 9:55 and 11:22, it was 163.7k/offer vs 272.9k/bid. Total for the day was: 525.2k/offer vs 412.7k/bid and for blocks of 10k or more it was 116k/offer vs 75k/bid. In the last 20 minutes of the day, four blocks of 10k+ trade at the offer, primming the pump for tomorrow.

Maybe it was too hectic a day for the MMs. Notice at 10:42, after 12 straight trades at the offer (22.5k total), the bid is dropped a penny to take in 4k shares of sells. Hmmmm.

WH