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Microcap & Penny Stocks : Restaurant Teams International, Inc.-RTIN -- Ignore unavailable to you. Want to Upgrade?

To: Howard C. who wrote (1429)	5/21/1999 7:19:00 PM
From: Lee Walsh	Read Replies (1) \| Respond to of 3351

We ended the day with 5 MM's at 2.31 on the bid.... one at 2.50, one at 2.56, one at 2.68, and the rest at 2.75 or up on the ask. There was just a bit of profit taking and a pause at 2.50 or so...but very little. There were no sells at 2.31, even though the bid sit there for 2 hours this afternoon. Afternoon on Fridays are usually pretty slow. It is pretty amazing after the good run up we have had in the last 4 days...about 60%, that there wasn't more profit taking. We had a great week....I don't believe we will see $2 or less again. Also, in watching this afternoon, one of our "friendly" MM's wanted to slow the action down just a bit this afternoon....I think he is in control of the market in the stock...and is doing a bit of monkey business with the rest of the MM's. Predictions for next friday....geeze Howard, you are really putting me on the spot......This morning I was talking to TomC on ICQ, and we made predictions for the day..... I said 2.375 x 2.50...and I had it right on the money till the last 10 minutes. I was pretty close really because that 2.45, 11,900 share trade at the close was a buy to cover by USCT. So even though he dropped his bid at the close, he was buying above the bid....which is a good sign. I am generally a real optimistic person, so I will say we close next week at $4 ++.... $3.00 is our resistance level on the chart....we break 3 bucks $4+ is a given...then $5 is the next resistance point...we break that, and we are in uncharted territory..... would that make you Happy?? I will report any updates I hear about over the weekend to the thread. Everyone have a great weekend. Lee