TGL WHAAAAAAAT! Alerts, thoughts, discussion. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: y2kfree_radical who wrote (44711)	4/26/2000 10:43:00 AM
From: Katie Kommando	Read Replies (1) of 150070

I agree with Lance that MMs prefer not to hold shares. They would like to be "flat" at the end of every day (buy and sell an equal number of shares and not holding any). However, they cannot always be flat and sometimes they will hold them (or vice versa be in a short position). As a general rule, however, they would prefer to be flat. This is why some selling is not a bad thing when a stock is moving up because the MM does not have to go short. I think right now we are seeing many MMs covering shorts at bargain prices and making a fortune. For example, they sold ABCD stock short for .50 cents and are now buying it back at .10 cents. Not a bad deal for the MM. Once they squeeze the last drop out of the turnip I think we will see BB stocks begin to rise again. Katie K.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next