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Microcap & Penny Stocks : WaveRider WAVC NASDAQ ISP Wide Area Wireless Internet
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To: Web2 who wrote (1396)2/9/2000 11:30:00 AM
From: Pallisard  Read Replies (2) of 1848
 
The drop is technical; the MM's needed more shares and probably reached down to set off a bunch of stop losses. That's why it's good to keep them in your head, otherwise the MM knows exactly how to manipulate, being privy to all the orders in front of his eyes. I noticed it opened at 15+, probably scared hell out of 'em and they had to go after lower priced shares aggressively.
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