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Microcap & Penny Stocks : Madera International - Symbol WOOD -- Ignore unavailable to you. Want to Upgrade?


To: John T. Hardee who wrote (1130)2/6/1999 3:10:00 AM
From: agiak  Read Replies (3) | Respond to of 1979
 
Someone is keeping the stock down, Look at the last trade?
If you all look at how the stock goes down on low volume and up on
higher volume, you will believe that this stock is under accumulation.
Take a look at the last 15 trades and then the final trade. All the trades were mostly 10k and 5k's but the last trade of the day is taken right down using 1k. I've seen this happen to Starnet just before the big bang and believe this one is following the same pattern. The chart shows the real picture. Go to quote.com
and you will see what I mean. If it holds around this level, Wood has established a higher low since it did not reach the .09 level. Once wood breaks the .33 level, I believe all the longs who continue to hold will get to see book value. I think the mm's are playing this one perfectly and only those long on Wood will reap the real reward.
Good luck and remember this is only one man's opinion.
LOOK:
Compare the charts for SNMM and WOOD using Time:D
It looks identicle? Notice the higher lows on the second and third dips.