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Microcap & Penny Stocks : WWWX - WORLDWIDE WEB NETWORX CORPORATION -- Ignore unavailable to you. Want to Upgrade?


To: xbrent who wrote (22)2/3/1999 7:19:00 PM
From: proud dad  Read Replies (1) | Respond to of 162
 
FLOAT?



To: xbrent who wrote (22)2/3/1999 8:08:00 PM
From: J. Nelson  Respond to of 162
 
Just a note, Small one on todays trading.. FYI AND ***ALL***
IMO from keeping a eye on the trading of today I, would say there is very little open for trading. Reason is the top of today was a short. Now how would one know that? There was trading there yet the bid never went over the $2.50 mark. It held at a ask of $2.50 only the high bid was 2 7/16 no higher. Now just for proof I saw the run and looked at the early trading stop the MM, put in on the stock when we went up to 2 1/8 th. level at 10:30 and with a quick math found that the drop had
a firm holding at 1 11/16 th. did some math and found the next high could not take out the $2.50 area so I put a order in for guess what? Yup, 500 at $2.50 to sell all or none. IMO. When the MM got there they had no stock left from there fill in the 1 12/16 area and started shorting. From the $2.50 down there is a short as there was no stock to trade. Right now it's about 290,000 shares. The action in the a.m. should be fun as there may be some MM. needing to cover there little ass on that one. Today we had a open of .28 cents
that gap is open and should not need to be filled as I see it. Yet who knows. On the one today if we were up + .28 today with little out on the issue can you think of what it will open at come 9:30.
*Do your own DD. and never buy a issue on what is said over the internet ask a broker what you should do.. Disclaimer
*I remain Long WWWX.
Regards, God Bless
Jim.....