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Microcap & Penny Stocks : ProNetLink..(PNLK)

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To: Lawrence who wrote (1711)5/1/1998 12:18:00 PM
From: Dixie7777   of 8242
 
If you might check out post #1645, I believe you will be more informed.

It truly is a challenge to understand how they work.

The most important thing to recognize is that in the BB stocks, the shareholders have NO control. The MM's have EXCLUSIVE control.

That means if you send a limit order in at $3 when the ask is$2 3/4, the price on the screen may actually be going down instead of up to meet your price.

What you see on the screen is what the MM will buy or sell an equity for, not what shareholders will buy or sell for.

That's why I have, for better or worse, assumed the responsibility of the board dobermann, so to speak, because we get professional shorters and friends of MM's in here to scare nice people into selling their shares at low prices.

Welcome aboard,

Rich
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