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 : BANY: Core business growth, exciting affiliations! -- Ignore unavailable to you. Want to Upgrade?

To: dealmakr who wrote (3288)	11/29/1998 3:28:00 PM
From: Mike Sawyer	Read Replies (2) \| Respond to of 5847

David & all, looking at the buys and sells I would say that this stock should have dropped in price. It has done just the opposite and increased about 25%+. To me it looks like there really was a short position and it is being covered. There have been quite a few run-a-way stocks in the last couple of weeks and many people have sold BANY to play some other stocks. Even with the large sell volume, it has been absorbed and the stock has increased in price. Now that the downward pressure has been lifted off this stock and the AI offering is about to come out, we will really have some upwards momentum. I do believe that the .57 cent resistance level will become .57 support very soon. Remember, most people that have sold BANY recently, know the BANY AI story. Many will be buying back with more money as they probably made profits on their short term trades after selling BANY. With more money coming in by players already familiar with the BANY/AI story it will only cause even more traders/investors to jump on board. I really like that 1 1/8 target for first quarter '99. Mike PS - Again, thanks everybody, for all the well wishes! Mama and Baby are doing great!

To: dealmakr who wrote (3288)	11/30/1998 11:06:00 AM
From: E. M. Edds	Respond to of 5847

Thanks for your response. I spoke with Mr. Sitra this morning. I also bought BANY this morning and put my girlfriend in it as well. Look for an announcement on the specifics of the IPO.

To: dealmakr who wrote (3288)	11/30/1998 12:53:00 PM
From: brad greene	Read Replies (2) \| Respond to of 5847

Dave, Steady as she goes........Got to like the volume. Very important announcement today. The BANY connection to Ingram must have played a factor. I think the 2 to 6 week estimate is kind of an either/or situation. Anything Internet should not begin trading too close to the Holidays.........but I'm not sure that things are ready. I guess there would be an outside chance that this thing could go fast track for trading around the 14th to 20th of December........but I don't think we will be so lucky. Second week of January would be a better guess. More ground work can be done...and folks tend to have some bonus and X-mas money kicking around. Hope the internet fever is still high in January. bg