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Microcap & Penny Stocks : TNRG Tianrong Building Materials -- Ignore unavailable to you. Want to Upgrade?

To: Daniel Miller who wrote (5342)	1/26/1999 10:58:00 PM
From: BARRY ALLEN	Read Replies (1) \| Respond to of 9824

As of the close, MM's are stacked .105(4)/.11(2)/.12/.13(2)/.15/.20(2). MM info on Level 2 Screen. The number in ( ) is the number of MM's at the price level. Price target?? Well, as you can see, there are four MM's at .105. and two at .11. That is called the resistance level. TNRG needs a burst of buying and we could see .15-20. Also, the Bid is at .09, which means the MM's need shares badly! They might have sold shares short to fill buy orders and thought they would cover as TNRG tanked (per ROSARIO)! We might have a bit of a squeeze coming!