SI
SI
discoversearch

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 : HITSGALORE.COM (HITS) -- Ignore unavailable to you. Want to Upgrade?


To: francis terry who wrote (104)3/25/1999 1:57:00 PM
From: Jim Spitz  Read Replies (1) | Respond to of 308
 
No Francis, I have seen this many times. When they are looking to get shares, they always close the spread to entice selling. It discourages selling when the gap is large. Think about it. If people are buying at say 5 3/4, why would you want to sell for 5??? They were hoping some people would panic and sell and then when they didn't, they slowly raised the bid. I watched it on real time quotes.

We are REALLY at nice level now. We have traded 110% of the shares traded yesterday and are up over 40% at the 6 15/32 price. Volume buying is the key to keep moving up now. The active float keeps getting smaller as new investors buy in. Many of us haven't sold ANY or MUCH because of the potential. I'm still holding most of my original 5000 (SCMI) shares.

Stay in the Black! jimS



To: francis terry who wrote (104)3/25/1999 2:03:00 PM
From: DOC HOLLIDAY  Read Replies (1) | Respond to of 308
 
HITS MMs

From the action I've noticed, I believe the MMs are presently steadying their positions. Their positions will become more solid, which will happen now with serious investors and buyers coming in as the price stabilizes well above the "$5" level (minimum entry point for most institutional buyers). This is a brand new publicly-traded company and ON THE OTC-BB, and it is expected to have certain price fluctuations. HITS has showed remarkable strength and is developing a nice pattern. I would be surprised if we didn't surpass the day high.

RT B&A: $6.25 x $6.375 LAST: $6.375
UP 168% FROM WHEN THREAD BEGAN YESTERDAY!!!