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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?


To: Instock who wrote (32373)1/19/1999 7:24:00 PM
From: TOPCAT1  Respond to of 34592
 
CMOZ... huge move... new internet play...

WOW... is all I can say so far... CMOZ closed at $0.31 on 1,838,000
shares... nice action today, price gapped open in early morning
trading and quickly ran to $0.35... as usual, the price pulled back
but trading remained consistent throughout the day and closed strong
at $0.31... looking at the action during the day, at one point, about
1 hour before the close, a bid moved into the $0.30 position and
remained until filled, there must have been about 400,000 shares...
it is very bullish when someone steps in to collect 400,000 shares at
such a high level considering the bid and offer was only $0.03-$0.04
a few weeks ago... this is indicative to me of someone who knows
something....

Technically, the action says that they must be getting close to
releasing about what they referred to as an imminent acquisition...
and since it is in the internet and e-commerce area, this could get
exciting...

As for anyone who has held this stock for a considerable time (well
over 1 year), I have gone through the posts for MISM and found that
many times the company was close to something but failed to deliver,
however, by the action so far, it looks like the Market Makers have
been convinced to get behind the play because there is something
really going into the company this time... I know how MMs work, after
being lied to once or twice, they rarely go in a third time without
positive proof of something happening... I suspect most are buying
because they are sensing a cheap entry to an internet and E-commerce
play...