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Non-Tech : USAB - USABancShares.com -- Ignore unavailable to you. Want to Upgrade?

To: Jason Chesshir who wrote (65)	4/17/1999 7:06:00 PM
From: WaveSeeker	Read Replies (3) \| Respond to of 2419

What is your evidence for pump-and-dump? If you were watching the Ax (SDLR), then you would have come to the opposite conclusion. In the last two hours of trading, SDLR was aggressively raising the bid with 2000-5000 share blocks - they were bidding all the way up. There were also several unfilled bids by other market makers for several thousand shares who had to chase the price all the way to the close. The other clue is that USAB had run-up to 11 earlier in the day, and SDLR was aggressively moving to the inside offer all the way down to 9, clearly trying to scare people out of the stock. The end-of-the-day run was clearly real, and it was based on real news.

To: Jason Chesshir who wrote (65)	4/17/1999 11:18:00 PM
From: Shtirlitz	Read Replies (2) \| Respond to of 2419

<<With such a small float, only +2 1/2 on 588x avg volume. Obviously there where supply meeting demand.>> Could be. Looks like the float has changed hands. Now it depends on whos hands its in.

To: Jason Chesshir who wrote (65)	4/18/1999 1:45:00 AM
From: hoffy	Read Replies (1) \| Respond to of 2419

>>>Looks like a trap...pump and dump. With such a small float, only +2 1/2 on 588x avg volume. <<<< I guess TRAC was a pump and dump too. It did the same thing on Friday of their release, up 2-3 points on huge volume. Then Monday was the blow away day, up 14. USAB may be very similar. Usually when a stock takes off it has one giant volume day before it spikes. Many reasons, the biggest being is that the MM's hold the price down to cover their short position and they accumualte shares at the lower price. Then they let it run as they hold many shares making a killing. A few people mentioned that USAB might be 3 guys or might be a scam. I guess you don't do any research about the company's background, past earnings, SEC reports etc. DO some research and then I think you'll be ready to buy into this gold mine on Monday. This will go the way of NTBK. I hope those of you who are bashing USAB are already short. That'll help it rise all the faster. See you at 30 by Friday and maybe 50 within 2 weeks.