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Microcap & Penny Stocks : Anything Internet Corporation (ANYI)

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To: Mike Sawyer who wrote (1162)10/4/1999 11:50:00 PM
From: brad greene  Read Replies (2) of 1570
 
Mike,

OK....here is what happened......

The MM took in all of the sub $3.00 stock last week......had just over 10k.

The smart broker....who will instruct his team of cold callers to sell the stock later......takes the stock at $3.00......knowing that the MM inventory will be almost wiped out.

So.....he now runs the stock with 20 or 30k of market buys......runs the stock back to $10.00.......where he will unload his personal 10k at much higher levels on the next big deal......like a deal with AOL.

Then we all laugh about the brief time ANYI spent under $10.00.

Cool.....right?

bg
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