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Microcap & Penny Stocks : FREFAX INC. (OTCBB: FFAX)

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To: Vision21 who wrote (42)6/25/1999 9:34:00 PM
From: John Korven  Read Replies (1) of 59
 
Hi
I got into this stock from advise from a friend, because the stock looks to me to have great potential and the article in Raging Bull put on SI.

I have deep concern when I see a bid order go through for 100 shares at .29 to end the week at a low(trade minutes before this was at .32) espcially when we trade 113,000 shares. I thought it was very difficult to buy stock at the bid and here 100 shares goes through at the end of the day-last trade. My question is why is the Market Maker trying to keep the stock at a low? If you look at the trades on Thursday again the last trade was a small trade late in the day about at its low. Any answers to this??

John
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