SI
SI
discoversearch

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 : CMOZ, next cmgi -- Ignore unavailable to you. Want to Upgrade?


To: Qone0 who wrote (124)1/25/1999 5:55:00 PM
From: TOPCAT1  Read Replies (2) | Respond to of 947
 
WOW... the real question is... what is coming next....?

Let's review... closing today at $0.90 but really the MMs sold down it down because the price closed bid/ask ($0.94/$1.00)... clearly someone was buying BigTime today... at one point I heard two brokers were caught short and had to cover, that was what caused the early rise to $1 1/8 (but no one could buy or sell any, they quickly brought it back down...)... the action was excellent, the liquidity just a little too much which tells me there was a lot of buying today... someone is positioning big time... so what next....?

By the action, something more must be coming... perhaps another aquisition or financing...? whatever, tomorrow will be a very interesting day... and for those who are wondering, the company states that there are over 30 million shares in escrow and about 11 million on the float (free trading)... if true, the stock is being placed in good hands and once the float thins, we could see some very strong upward moves, especially as the news get around....