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Microcap & Penny Stocks : MIDL .... A Real Sleeper
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To: David L. Wasylenko who wrote (245)11/7/1997 8:52:00 PM
From: Ga Bard   of 7039
 
David .. you and I are opposites is all and you do this constantly on every thread. I do not make personal attacks on you I state what I know that I can backup with proof. Just because you take it personally does not mean I am attacking you.

In reference to someone has to sell for you to buy my response is: No has to sell for you to buy on OTC:BB only on the other markets. MMs that make the market have what is called reserves. From this reserve they can if they wish to sell or even sell short to you without anyone selling to them. They can do this constantly while everyone is buying at the midpoint and they can walk it down to 0. Then cover once the selling starts from the downward thread. NETZ is a prime example of this.

Here is what happens to the warrants of this stock today when a limit order is placed at midpoint for a sell. But please notice no one bought. ALSO Please noticed what happen to the bid.

MIDLW - Transaction Log
3:56:04 8 ..... 5000 ..... 0.140 <---- Midpoint sell
3:55:08 8 ..... ..... ..... ..... 0.140 - 0.156
3:53:57 8 ..... ..... ..... ..... 0.125 - 0.156
11:27:45 8 ..... ..... ..... ..... 0.093 - 0.156
11:27:39 8 ..... 5000 ..... 0.125
11:27:12 8 ..... 5000 ..... 0.125
11:13:54 8 ..... 5000 ..... 0.125
11:11:18 8 ..... 5000 ..... 0.125
10:41:51 8 ..... 1500 ..... 0.125
10:41:25 8 ..... ..... ..... ..... 0.093 - 0.125
10:35:10 8 ..... 5000 ..... 0.125
10:34:23 8 ..... 5000 ..... 0.125
10:33:30 8 ..... ..... ..... ..... 0.093 - 0.156
10:32:51 8 ..... ..... ..... ..... 0.125 - 0.156
10:17:15 8 ..... 7800 ..... 0.120
** end of data **

David .. I study the OTC:BB because it is the realm I trade in. I would not know how to trade effectively on the big board like you do but I am learning. I can go to any BB stock and show you where buying at the midpoint drops the price. NETZ just fell from .38 to .23 in the past three days and no one has ever seen this level before. This stock has fell from $1.00 on shorting and midpoint buying. I can pull the trading log all the way back to $1.00 and show you where I am right.

When you say I am wrong and call companies trading on the BB not real I get irritated like anyone else. I spend many many hours researching and studying the art of trading and making sure the companies do exist. I am not making personal attacks on you I just do not understand why you trade penny stocks and always want to follow me around and start this mess.

Now if you would like to dispute the trading log, I sold some warrants to show what happens when you sell between the bid and ask. I can prove what I am saying and you seem to be an intelligent man and should see what is going on and what I am saying.

GB

PS: Once again YOU come on a thread an try everyway possible to argue with me. You draw first blood then cry personal attack. Why not dispute the trading log and show me where my opinion is wrong instead of trying to insult my typing, grammar or spelling. Oh well.
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