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headnorthw

10/13/05 6:54 PM

#604 RE: Chinga #603

Chinga, maybe we're wrong this time. If you carefully watch the volumes these few days...heavy accumulation(mixed with short coverings??) is building. Shakings keep happened these days. MICA was sitting at .047 for a moment today, but he only sold 10k shares and back standing in the .05s before finished at .05. Yet, for couple hours before the close where there has no volume, MICA hasn't force to sell a share since. Something weird. One thing I'm sure...the company needs to have something next week, otherwise, your prediction may come true again. Someone maybe put in a big market order today, which makes things look interesting. It's all manipulation. When it looks ugly, there's hope; when it looks good, the results go opposite. OPCO has been buying today. SCHB is tricky: move up at bid while dropping back at ask; move down at bid while goes up at ask. MICA's presence is still a problem...you never know if he's there to scare you off to help other bidding MMs or he does really has at lot to sell. Today, MICA looks like doing the former. Anyway, maybe this stock is down again tommorrow. We have some buyers today, wonder if we have any tomorrow. These MM games are volatile, not for the fainted hearts. Maybe I should go long, but then MICA still there... Wait and see. Good luck all!