JAWS Technologies - NASDAQ (NM):JAWZ Message Board

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Microcap & Penny Stocks : JAWS Technologies - NASDAQ (NM):JAWZ

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To: Mark[ox5] who wrote (56)	4/6/1998 11:34:00 PM
From: dan oreilly	of 3086

2) Per the trading today.. it was very weird. They brought bid from 1.06 to 1.25 and many of those trades were like 500 shares or so.. especially between 1.125 and 1.31 bid. This is very weird, because usually I see MM's bring the bid DOWN on those low sort of volumes, not UP. Im not sure what to make of it. Anyone? Mark: I noticed the same activity. During that period I had a small buy in at 1 1/8{1000 shares}. This was placed after seeing the stock "stalled and a rather large spread. I placed the order just to try and get a feel of what the true market was. Within a couple minutes of my order being placed is when i noticed the movement of the bid. My read of it was that the MM's had a larger than "usual" market order to fill and were raising the bid to try and accumalate some shares before filling the order and they ended up picking up "smaller" sell orders to avoid going short the stock. That was MY read on it as it was happening. BTW my "test" order never did fill

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