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Pastimes : The Big Tex House of Coin

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To: BigTex who wrote (13023)4/3/2000 6:23:00 PM
From: Robert B.  Read Replies (1) of 19297
 
tex,

I've been watching stocks that come out with good news and get 80% trading volume at the ask. The time and sales reports confirm the heavy buying. The stock price goes down 30%.

I'm not saying this is every case, but the MMs are crushing many stocks on heavy buying, not selling. The numbers do not lie. It is either an end-of-quarter thing, a get cheap shares from folks needing cash to sell stocks for taxes thing, or a cripple the otcbb market at any cost thing.

This is exactly what I'm seeing in about 8-10 otcbb stocks I follow closely.

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