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To: FJV who wrote (40240)3/17/1999 4:57:00 PM
From: SargeK  Respond to of 95453
 
UFAB,

First, let me correct you, I am not an expert on anything. Because of the lack of liquidity, the price is under almost complete control of the MMs. Volume in and of itself does not move this stock. For example, the largest one day move in months was on Mar 4 when it closed up
12.3% on 25.2k shares which is about 10k below its 90 DMA.

I think the company represents real value relative to other issues and I think as others investors see this, their number will increase and the price will go up. It is that simple.

With UFAB, where volume comes into play is when you wish to take profits. The spread tightens and MM influence is reduced.

K