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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.
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To: SSP who wrote (17615)12/22/1999 2:27:00 PM
From: Richard Mazzarella  Read Replies (1) of 150070
 
SSP, I'm coming around to your thinking too. The current problem we have is that the cost for the MMs to naked short and cover at current price isn't much. They have been the master momentum players over the last year for CHIP. We NEED enough volume to convince them that we won't retrace back to lower levels where they can cover cheap. One would think they would know about the potential for merger with a private company, it's in the CHIP 10q, they risk paying much more to cover playing naked shorting games now IMO.
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