Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : NTOY - over 100 Billion Dollor industry -- Ignore unavailable to you. Want to Upgrade?

To: David in Ontario who wrote (18)	3/22/1999 4:48:00 PM
From: David in Ontario	Read Replies (1) \| Respond to of 113

Note to self: ETOY - NTOY is in your face. Ha ha :) Just as I had hoped. Rebound from over sold position + bullish candles - came onboard late Friday. Up 28% on record volume today (101,800) - well highest since it started trading 6 days ago. The 4 page NTOY fax also arrived today from the PR firm - good read. Fortune Marketing & Capital Consultants, Inc: 407-696-2221, Fax 696-2353, E-mail: ir@fortunemarketing.com. From the Information fax: +++++ Management team: Michael Cao - Chairman (5 years experience, formerly Chairman of Inet) David Kleinman - Operations (4 years experience, formerly VP Operations, Alliance Precision Plastics) Charlotte Giel - National Buyer (25 years experience as buyer) Kristin Youngstrom - Public Relations (4 years experience, formerly Director of Marketing, Inovel USA) Cedric Viquerat - VP Marketing (3 years experience, formerly Managing Director, Inovel USA) Company contacts: Michael Cao -> 727-363-8697 [ mcao@netoy.com ] Michael L. Maus -> 727-367-8697 [ mmaus@netoy.com ] +++++ Not in as early as some - just wanted to see how it went for a few days last week - trying to be sensible here (for me). Watched the MM's play the Bid/Ask a few times today - they tried hard to get the volume running. A number of times I saw trades go through at the Ask, then 'boom' right down to the Bid on a $0.50+ spread. Volume was good (for NTOY) when I was looking, but I guess the MM's wanted more. I very much suspect they let trades go through at the Bid hoping to generate downward momentum - and flipped flopped between the Bid/Ask for executions, but the volume momentum didn't start to cascade that may have lead to downside selling pressure - and more volume. Each time I saw them playing that game I waited 10-20 minutes - and as expected the trades started to go thriough at the Ask again - not always, but often enough. I can sense some real strength building here. It's great to get News EVERY day - I love that :) I wonder what we'll be reading tomorrow? David.