SI
SI
discoversearch

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.
Non-Tech : Global Games Corporation is on the move (GLOW)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jeffry Rogers McCall who wrote (5)3/5/1997 8:13:00 PM
From: K.J.Devine   of 720
 
Jeff.

It's good information. I do not know all the SEC rules regarding OBB Stocks. It would seem to me that they would be required to release some public information if a 30 million share trade was coming thru. So what I am thinking is that the trade did not go thru and the market maker and some broker is placing the $4.5 million in smaller trades in smaller lots. How about 800,000 shares a day over the next two weeks.

Thus, here is how you should play the game. Buy $2,500 glow in the morning 10,000 shares. Then start placing 100 share trades at the ASK. Drive the ask price up, so when they try to buy in their large 800,000 shares at different times tomarrow they will be forced to pay a higher price. Your 100 share ask trades can do that and it will keep the market maker honest. By the end of the day you can drive the stock up and make yourself some money.

It's a shame to let these scam artiest buy so many shares so cheap, small trades 50 to 100 share lots at the ask will drive the price up for the larger ones. Then they will announce the news via a business wire and the game of rip off starts over again. You and I can beat them at there game. I think you trusted me thus far.

K.J.Devine
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext