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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: StocksDATsoar who wrote (57096)7/29/2000 7:42:08 PM
From: Tom Allinder  Read Replies (2) of 150070
 
The MMs... the MMs are there to make money. Many online brokers clear through NITE and HRZG. So... it is individuals buying and selling the prompt NITE/HRZG to be on the bid/offer... Additionally, NITE and HRZG are not just executing buy and sell orders but are looking to make a profit on ever trade.

Short is the way to go for them.

Now... As I mentioned in posts recently... If one wants to compete directly with NITE/HRZG then open up and account with a firm that makes markets in OTCBB stocks. Not hard to do. They are more expensive than online accounts with respect to commissions but... This is the only way to compete with the likes of NITE/HRZG.

I am opening accounts with 2 firms that make markets in OTCBB stocks. I am leveling the playing field.

I watch the OTCBB action myself. In several stocks this last week, there was obviously a concerted effort to push the stocks lower on buying pressure.

We need ECNs on the OTCBB...

Tom
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