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


To: callme who wrote (100)1/29/1999 7:34:00 AM
From: Gator  Respond to of 616
 
Callme,

The spread is really misleading on VECT. A couple of 500 share buys will kick it right back to $2 3/4 to $3. About 3 or 4 thousand shares of buying will take out one market makers inventory, the next stop would probably be $3 1/8 x $4. Several developments in the works, I was told to expect the 8K any day, and that Amex has already approved VECT for trading on Amex pending the 8K (for fully reporting status). Several acquisitions in the works, and supposedly a deal with Enron (all this is coming from I.R.). I'm hoping for a pop to the $4 to $5 range in the short term, higher if the float is as small as what they're saying.

Gator