SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : BACKDOOR, an IPO> IDTC,BRKT,BNYN,KLOC,NAVR -- Ignore unavailable to you. Want to Upgrade?


To: Ken Whiteside who wrote (334)2/12/1999 11:58:00 AM
From: C. McD  Respond to of 954
 
Ken, I'm not hyping here, you will not be sorry if you get BANY at ~$1. It will double, at least to $2. These little dips are just MM games. I have been playing BB stocks for almost a year now, and the pattern of lowering the bid on low volume is classic. The pattern today is the same as yesterday. A couple new people get in at the open, MM raises ask to get highest price, then drops bid to get shares cheaper. Right now, while we're waiting for a trading date for ANYI, the MMs will have there games, but when the word gets out, we'll have consecutive double digit % gains. The word will spread about this one IMO. We have solid support ~$1, but even if we get a little below that, it means nothing with such light volume. Heck, I made a coupel buys a few days ago were I was a large % of total volume and I raised the ask almost $0.15 all by myself. We haven't even had a volume day of 1 million yet. The word is not out, but whne it is, the valuation of BANY will be figured easyily to be $2-3, and maybe as high as $4-5. The trading float is absolutely tiny. If you don't believe me, call one of the MMs (like I did) and they'll tell you there are so few tradeable shares that almost every buy of 5,000 shares movesthe prcie by $0.10.

Good luck.