SI
SI
discoversearch

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.
Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN)
THNS 0.00Jun 7 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: T.M.K. who wrote (14375)10/5/1999 1:43:00 PM
From: JOHN WHITE  Read Replies (2) of 15313
 
Hi TMK , Usually market makers don't "play" the stock to make a profit by loading up. But they do move the share prices up , then back down trying to generate as wide of a spread as possible.
It is to their advantage to take prices as far as they'll go in either direction in order to more easily start the stampede going in the other direction.
I'm not into MM conspiracy theories much but they do promote extreme prices on both ends - highs and lows and I believe that if they see a standing (very large) block order within their ability to reach that they'll try to get it filled by moving the price into a certain position/level.

John
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext