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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Bidder who wrote (23901)2/1/2000 9:51:00 AM
From: Theo  Read Replies (1) of 150070
 
Major walkdown taking place. Given the crossed Bid and Ask prior to and at the open, I'd suspect that the MMs were caught flat-footed. But, to keep things in perspective, I guess it's also possible that a very quiet momo group has been selling into the a.m. for three days running, then buying through out the day to cause a runnup at the close to build momentum for the next a.m's dump....

But, the bid and ask size are both small- I'm still leaning toward MM manipulation. JMHO

Theo;-) Doesn't matter to me- I wasn't looking for anything to happen for a month or two anyway.<gg>
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