SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Extended Systems Inc (XTND)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: MileHigh who wrote (248)4/5/2000 1:04:00 PM
From: SJS   of 403
 
MH,

I like this company, but these MM are really manipulating this with such a small float. I regretted selling at 86 early last week, then watched it go back to 115 late last week. My decision was a good one, in retrospect, although I wanted to hold this for LT appreciation. I am happier now, though, with the gain I did take from my purchase in the low 30's.

Yesterday, this stock was DOWN 50% at it.s nadir, the spread hovers at 3 or more points, and it's down today because the mentality is flight to quality today.

We don't have to deal with this crap. If the MM's aren't going to make a reasonable market, I am not going to pay their spread. I've gone on the bid a couple of times for reasonable money over the current bid, but never get filled.

Oh well. Best of luck all.

Steve
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News