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 : ADOT - BIOMODA: Profitable Technology with Purpose -- Ignore unavailable to you. Want to Upgrade?

To: Andrew T who wrote (2431)	1/21/1999 10:02:00 PM
From: JOHN WHITE	Read Replies (1) \| Respond to of 4650

Hi Andrew, I'll stick my neck out, but not very far out on an answer to your question. Usually up gaps are created by large volume opening buy orders combined with a low inventory of shares by the MMs. The latest trading indicates this situation could exist. However in the last two days it appears that the MMs have accumulated quite a few shares and might be in better shape than they were earlier in the week. The only reason (that I can think of) for ADOT to gap up on the open tomorrow would be a very sizeable "rush order" with the buyer trying to beat a press release coming later in the day. IF some word of an imminent PR has landed on MM ears it could explain their accumulation the last two days.....getting prepared for some significantly higher buying volume. You've posed an interesting question that has merit... IMO. John