reprint.com - symbol CJMT Message Board

STOCKTALK

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.

Technology Stocks : reprint.com - symbol CJMT

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: GARY P GROBBEL who wrote (52)	7/9/1999 7:59:00 AM
From: John G. Mueller	Read Replies (1) of 115

Hi Gary, We love to hit on the MM's as being the bad guys, but I have come to respect them for the risks they run every minute of every day. This stock is an example of what happens when someone decides for whatever reason to unload. The mm's are the buyers of last resort. They have to suck it up when all other buyers are exhausted, scared whitless, or just plain stuplified. Obviously they are going to mark-it-down to attract some interest or make the seller back off. A old friend once cautioned me that there are many reasons people in management sell stocks, but there is only one reason they buy them. In CJMT's case it appears to be forced liquidation by a big holder...can't be taking profits.. so it dumb money even if its big money. John Visit my TopGun page sometime, we can't do stocks under $5 or BB either... but NASDAQ only. Have a good weekend. John aliveweb.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next