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Microcap & Penny Stocks : BANY: Core business growth, exciting affiliations! -- Ignore unavailable to you. Want to Upgrade?

To: Hockeyfan who wrote (4438)	2/8/1999 11:24:00 AM
From: Jon Scott	Respond to of 5847

The buys are barely trickling in. But few are selling. Volume is light.300,000 as of this message Result-Bid slowly moving back up .Spread narrowed. 1 9/32-1 5/16 The news is not out yet. That's when we see the real move.

To: Hockeyfan who wrote (4438)	2/8/1999 11:25:00 AM
From: C. McD	Respond to of 5847

Thanks J. Saf, you da man (or woman, I guess we can't tell), at least everyone who wanted more shares today hasn't had to pay over $1.50. The latest word from Sitra is that they must issue a prescribed "series" of SEC filings, and the wheels are now in motion for trading to follow shortly IMO. The longest it could take from the first filing on Thursday is 60 days, but I think the general sentiment now is that it could be MUCH sooner. I asked about a PR, but of course he can't comment of that while SEC filings are in progress. I would prefer one big fat PR once all the filings are complete that also announces that they have been approved to begin trading within a week of the PR. The official tradeable float is ~1.7 million (including BANY's 800,000 shares), but most of those are held by investors who must file form 144s in order to trade, and most are believed to not be inclined to sell. The real number of shares that will be traded when ANYI begins trading could be very small, only a couple hundred thousand IMO. I am looking forward to the ANYI thread. Any bets we'll make the "Hot" list tonight after another day of double digit gain? We may see gains like today a couple more times in the near future. Congrats to all who got in at decent prices.