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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: MoneyMade who wrote (12130)2/18/1999 11:04:00 AM
From: lac  Read Replies (1) | Respond to of 25711
 
FTRK - can't explain volume and price relationship
I've been lurking on this thread for awhile and like the interchange and info a lot(except when it gets personal). Anyways, help me to understand ftrk...price up-volume down... price down-volume up. To me, the MM's are holding it down, but with such a small float(3000000)
the upside could be tremendous. I think it's time is coming especially if the MM's are as short as I think they are. Any thoughts-Joe or anyone?



To: MoneyMade who wrote (12130)2/18/1999 11:09:00 AM
From: jeffrey rainey  Respond to of 25711
 
DIDA......Actively looking for Merger... CEO. Bob Hussy heading up talks. Was told that many companies expressing interest because of stock structure and Cash from cancelled merger.

Stockholders' equity
Preferred Stock, no par value, 1,000,000 shares
authorized, no shares issued or outstanding - -
Common Stock, no par value, 10 million shares authorized,
2,339,267 and 2,314,597 shares issued and outstanding 13,399 13,393
Treasury Stock, at cost, 30,000 shares -- (7)
Accumulated deficit (12,914) (13,103)
Cumulative foreign currency translation adjustment 5 -
--------- --------

Total stockholders' equity 490 283
--------- --------

Total liability and stockholders' equity $ 1,230 $ 683



To: MoneyMade who wrote (12130)2/18/1999 12:12:00 PM
From: r.edwards  Respond to of 25711
 
MM, lets get SOWK moving, it still looks good.!!!