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Microcap & Penny Stocks : LA Group, Inc. (ONTV - formerly LAAQ) -- Ignore unavailable to you. Want to Upgrade?


To: Americo Burgos III who wrote (1048)2/24/1999 6:22:00 PM
From: Kimberly Lee  Respond to of 1140
 
Americo, I tried to buy PNTH when the stock was offering at 0.024, I think. My
broker and myself were negotiating with an mm to buy it at that price, and the mm said
there was huge order imbalance in favor of the buy side, and I had to pay up, 0.027,0.028 perhaps even .03 if I
were to purchase the number of shares I want. She called another mm and received the same reply.

A huge order imbalance when the stock was trading at
0.024 does not mean that the imbalance still exists the next morning when mms took it up
to .24 and shorted their way down.

Kimberly