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Biotech / Medical : Vasomedical Inc.
VASO 0.1600.0%12:08 PM EST

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To: Gerry who wrote (1194)3/24/2000 10:53:00 AM
From: PartyTime  Read Replies (2) of 1605
 
I suspect some of you are a bit conservative and are using stop orders to lock in some measure of profit. If you haven't learned by now, using those stop limits is nothing but an invitation for the market makers to reach down and take you out.

How come? Because demand is strong for VASO, market makers know this and thus know they can sell anything they scoop up. Should news come out, because VASO has strong demand, it'll rise quickly thus giving the market makers an opportunity to sell high the shares they scoop up low.

Don't you think the market makers know that what's in our heads is the fact that VASO is a double digit stock? Indeed, they will play you like a violin until that double-digit stability base is reached.

Two point strategy:

1) Do NOT use a stop limit. If you do, you're out.

2) Place your shares for sale at a very high price. This prevents shorters, if they're out there, from borrowing your shares as they can't borrow shares that are up for transaction.
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