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.

Microcap & Penny Stocks : PICK Communications Corp. Press release -- Ignore unavailable to you. Want to Upgrade?

To: S-Choir who wrote (352)	3/25/1999 1:31:00 PM
From: LowRider	Read Replies (1) \| Respond to of 746

Any news? I am still waiting to hear about the "announcement"

To: S-Choir who wrote (352)	3/25/1999 2:30:00 PM
From: John Fairbanks	Read Replies (2) \| Respond to of 746

It seems to have formed a pretty strong resistance level at $1.00... did anyone else notice the 180,000 shr buy at $1.52 yesterday? There have been several transactions like this that have made me think someone is trying to accumulate the stock. As quickly as the big buy went off the upward pressure lessened and a bunch of people took some profits driving us back to $1... any other stock would have been back down around 0.75 by now... personally I suspect there is still an upward bias that is being temporarily matched by profit takers. I was also amazed how we went from a ton of volume this morning to pratically nothing almost in an instant... and the way that even when they lower the bid to grab sellers they still keep the ask pretty high... then again I could be completely wrong... look at the tape though, very strange. :-)