Madera International - Symbol WOOD Message Board

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Microcap & Penny Stocks : Madera International - Symbol WOOD

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To: Lance who wrote ()	3/25/2000 11:00:00 AM
From: David T. Groves	of 1979

Copied from the Raging Bull board in reference to another stock about placing a good till canceled limit order: LETS ATTACK THE MM: READ THIS! HOW THE $2 GTC WORKS... The MMs are allowed to borrow your shares to trade as they please. If there is a sale order then the MMs can not borrow your stock. It makes them have to use their own shares they have greedily gotten from people and they sure will not be selling them at these low prices. Once it starts going up, it is a good idea to leave the $2 gtc there until it reaches close to 2 bux but for some, if it reaches $1, i feel sure plenty of people will change their order to sell at that price but as long as you have a sale order on your stock, the MMs cant touch it unless they buy it at your price. The reason for such a high price is to protect it from being sold any cheaper. You can sure put in your target price but yours will be one of the first bought as it climbs up to a point where people start reducing the 2 bux to perhaps $1 or even .50. Use 2 bux for now. IT WILL WORK. If anyone is on any other boards, get this started there also. we need everyone in on this...EVERYONE !!!

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