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Microcap & Penny Stocks : Microphonics Inc. (mrps)
MRPS 0.00010000.0%Jan 7 4:00 PM EST

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To: SusieQ who wrote (201)2/24/1999 1:59:00 PM
From: Steve hoffmann   of 8189
 
Well yes they could.They just get a large order in and start lifting offers or slamming bids.Say it's a large sell order first you hit all the bids then lower your offer to the former bid price.If there's a trader who thru an oversight didn't lower his bid enough,then wham all of a sudden he's getting more stock in.He'll respond appropriately the second time he gets hit and clear out of the way.The MM's may not necessarily be trying to manipulate the market as much as trying to execute a trade.
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