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Microcap & Penny Stocks : Gator's Picks from the Swamp -- Ignore unavailable to you. Want to Upgrade?


To: Gator who wrote (75)1/27/1999 4:10:00 PM
From: Gator  Read Replies (2) | Respond to of 616
 
Good day for SDMT. Lousy day for CMMI.

Big blocks coming in to SDMT. 50,000 shares and 77,000 were two I noticed. Lots in the 5000 to 10,000 range.

CMMI, everyone was expecting some buying to come in today, but there wasn't. MM's took advantage of sellers (today was almost all sells, but pretty low volume) to jack the bid down to $2 1/2 (low was only $4). That's when the small float works to our disadvantage. It can pop right back with buying. What I'm really looking for is some funding news from the company. I called the company today, they said that funding should be announced very shortly. Following funding should be some acquisition announcements. I hope to have some more news regarding positive developments soon. In the mean time, I'm still holding.

Disclaimer: I have received 2000 shares of CMMI to help disseminate information on the company.