Electroglas, Inc. (fka EGLSQ)

[kingfisher1964]

HOLDERS PLEASE READ,well as posted earlier there is nothing at this moment which could show postive propsects as the company has already filed for BK and we are all awaiting the fate of the commons from the court.

But what interesting trends i have watched from the pattern of trading for the last 4 weeks which i have been watching very closely would like to share with you first of all with last filings on the pinks one shareholder has icreased his holding,what could be the reason when he is aware that teh common is to be extinguished.

Well some of you here post sell i dont find reason to sale at .001 i would rather gamble to loose money instead selling there are reasons for that now you see i have been placing the order to buy this stock from .001 till .008 yesterday the MMs are not giving me a single share and see the trading pattern the MMs create sometimes a trade of .006 .001 .008 and then suddenly .002 now the trades in .001 levels are all for just 100 shares but the trades for .02 are all in few hudred thousands and all are buys.That means some one is slowly accumulating teh shares and do not want to give away any shares the floating stock is very low.

Now see yesterdays funny thing i was watching the level2 as well there was all buys for the 1st 71000 shares ate .01 .0199 and .02 levels the last trade which went was f0r .0199 suddenyl i put a buy order for 500000 shares at .0082 thinking the highest bid was .008 than before the close they just clicked 100 shares trade at .008 and that too i did not get it so that mean someone is trying to create panic and buy shares cheaply at these levels of .02 and then the level 2 is very high the sales start from .09 onwards so it might be that the MMs want these guys to come down and sale.

Well i only have a feeling that the MMs might have some inside infor of possibly something for commons,or a buyout news with possibly some thing for commons who knows this might be other VRMLQ possibly yes or no?lets hope on destiny.I am not going to sell a singl share at this level may be if its aroung .50 i will think or prefer loos the whole as there is no point for me to sell at these levels .Would like to share your views guys