Ultrack Systems Inc (MJLB)

[alstocks]

the classic scenario...

someone wanted in pretty bad... put up a 70,000 share order @ .075... and due to low float and low liquidity... bid/ask immediately jumped 25 to 50%....

bid ask went from 5/7.5 to 7.5/9 .....

there also was a bit of buying at 9 ... about 10 to 15 thousand shares worth...

then, of course... someone saw the a decent amount of shares at the bid and wanted out.... so...

the good:

-mjlb is slowly becoming a stock with some liquidity
-seems to be accumulation lately with mjlb, especially when it gets below a nickel
-float still really, really low

the potential bad:
- is it shareholders just happy to be out or is it dilution

to be continued