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Microcap & Penny Stocks : ECNC: BETTING, INC. A WAGER ON NEW GAMING TECHNOLOGY

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To: Ronald P. Margraf Sr. who wrote (2683)6/16/1999 4:20:00 AM
From: Mario Hoek  Read Replies (2) of 2909
 
Hi All,
Just signed up at SI. Been a stalker for about 8 months and have been an investor in BETT for about 5 months. Been posting now and again on the RB board, but I there's more quality conversations going on around here (at least that's what I figure).

I'm still very much an amateur investor, so anything I say, please be gentle and try not to shoot me too quickly.
As far as MM obligations at NASDAQ (which includes OTC BB I think), I thought (since the lawsuit a couple of years) they are obliged to show the highest bid and lowest ask. If you have level II access, even the lower bids and higher asks are available and any MM who is bidding should also be prepared to have a 'reasonable' ask (and vice versa). Or am I just being naive?
In case anybody like to read a bit more about how the market works (and I still don't understand it to be truthful), a book called 'The Electronic Daytrader' is great reading, bought it at Amazon.

Trying to be long on BETT (but might be tempted to trade at spikes).

Mario.
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