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Microcap & Penny Stocks : CAOL (Cathay Online) - was KYOM -- Ignore unavailable to you. Want to Upgrade?


To: $Mogul who wrote (57)4/19/1999 11:05:00 AM
From: Mr Metals  Respond to of 203
 
Seems that there are some shorters on this stock keping it down,

So you're watching the trades too, eh?:-)

as soon as they cover and head for the hills KYOM will blast off (IMO), should be real soon.

Amen to that:-)

MM



To: $Mogul who wrote (57)4/19/1999 11:10:00 AM
From: Eric Fader  Respond to of 203
 
Much more likely, IMHO, despite the usual kneejerk "shorters" cry, is simply that someone owning a large amount of stock decided that $1.50 would be a good place to sell. Not all of the stock bought at that price came from that seller (or sellerS) because other MMs can match the best offer even if they're quoting it higher.