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Non-Tech : Meet Gene, a NASDAQ Market Maker

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To: Taki who wrote (339)7/31/2000 8:42:18 PM
From: Phil(bullrider)   of 1426
 
Taki,

The MMs by driving the price down big time,then
they are forcing the little company to dilute
at ridiculous prices to pay their bills.


I would like an explanation of this comment also.

Are you insinuating that a company is in a better position to run it's day to day operations because of the price of it's stock?

If so, it is not a fundamentally sound company.

I also believe the trading range of a companies stock can be maniped.

I simply don't believe the MM's are doing the maniping.

Please explain your post in detail.

Have fun,
Phil
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