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Microcap & Penny Stocks : ATTP Affordable telecom
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To: LORD ERNIE who wrote (89)5/2/2000 12:53:00 PM
From: Brad  Read Replies (1) of 580
 
Lord Ernie, If shares are out of street name, might that create a tighter "short" situation for the MMs, and perhaps explain the huge spread without enough selling to justify it?

Do you think the MMs are trying to shake out some weak shares?

To look at this spread, you'd think there had been an avalanche of selling this morning. But we had what appears to have been a total of only 1200 shares sold and 1000 shares bought and the bid dropped from $1.375 down to $0.75... 45%!!

Hmmmmmmm. Very interesting.
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