ASD Systems, Inc. (ASDS) Message Board

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Technology Stocks : ASD Systems, Inc. (ASDS)

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To: Jon Stept who wrote (115)	11/20/1999 2:16:00 PM
From: gladman	Read Replies (2) of 491

Jon, what most people don't understand is it's the selling that can really drive the price up, many times the MM's will bid the stock up to discourage small time traders from buying and forcing their hand... When you hit certain overhead levels and the selling starts coming in at 1000-2500 share lots, the MM's may actually move the bid higher to squash the 100-200 share buyers from forcing them to move the price EVEN HIGHER, it's a defensive tactic. There's a seller here in ASDS, but I believe he'll be out of ammo soon. Dave

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