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Microcap & Penny Stocks : lcav -- Ignore unavailable to you. Want to Upgrade?


To: Larry Williams who wrote (680)4/30/1999 4:23:00 PM
From: Commando  Read Replies (1) | Respond to of 942
 
Nasdaq level II market makers are killing LCAV! These companies are nickel and diming LCAV to death. They go out of their way to prevent LCAV from exploding! I have Nasdaq level II access. I watch what they do all day long as I am a day trader. It is sickening to watch. LCAV is very resilient, I watched 37 trades go by in succession without a single "buy" order. My estimate is that over 35,000 shares sold during that time, and LCAV did not drop in price once! One trader today killed our rally at the close. They dropped the ask to 7 5/8 from 7 11/16. They posted two 5,000 block sell trades back to back. It took forever to cover that sell, however it did trade all 10,000 shares. Monday should be a great day for LCAV! Good luck!