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Microcap & Penny Stocks : ETPI-Military Entertainment Enters Civilian Market
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To: Toby Zidle who wrote (4484)6/18/1999 3:07:00 PM
From: Kelly Igou  Read Replies (1) of 4767
 
You know, it strikes me that, in the absence of real buying pressure, the MMs are loading up their inventory, shaking out weak hands.

At some point the weak hands will be reduced to a minimum - then of course, the MMs will begin increasing the price again.

I just wish this low-volume "distribution" phase would finish up.

Perhaps a good drop of the bid/ask to below book value might do it...
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