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Microcap & Penny Stocks : LifeOne, Inc. (LONE)

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To: GlenRP who wrote (395)4/22/1999 8:35:00 AM
From: paper man   of 1834
 
GlenRP. Nothing negative at all. It must be called balanced trading. My quess is the MMs were fulfilling trades which creates a long executuion time.

As for valuation. The stock is up seven cents on 7 times normal volume. Pretty strong for day one.

When we saw those spikes a couple weeks ago, MMs didnt want anyone in the stock so they drive the ask high and away, as they were not fulfilling trades, just printing bids and becoming natuarally short.

yesterday, my take is that a trading base is being established via the first paragraph and this creates liquidity along with balance. In other words, no easy come no easy go. Rome wasnt built in a day.

yesterday, the Mms treated the Market very fairly. If you were in at the bell at .18 or below, for a FEW HOURS IT SEEMED THAT you would have to chase the ask. But, it slowly came back to fill all buyers interests.

The activity yesterday could have just been a case of execution time. it may have taken so long to fill STANDING, unexecuted buy orders from the bell, that the stock drifted back to meet those orders a couple hours late. Or, the Mms were accumulating inventory to sell at higher numbers. someone was buying up the bid level...

Nothing like being treated fairly... eh my opinion.
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