TGL WHAAAAAAAT! Alerts, thoughts, discussion. Message Board

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

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To: SSP who wrote (57739)	8/2/2000 9:52:35 PM
From: Taki	Read Replies (1) of 150070

To: DizzyG who wrote (348) From: gene_the_mm Wednesday, Aug 2, 2000 9:42 PM ET Reply # of 391 REGARDING MONTH END MANEUVERS... The only comment I will make regarding those statements is that any such activity is considered a manipulative act ("walking" down a stock or purposefully trying to 'mark' stocks) and the SEC would not take such actions lightly. Does it happen? I don't know, however, FUNDS do what is loosely called 'window dressing' for their quarter ending books all the time. The difference is funds are almost ALWAYS buying stock to move the price higher. If any MM's are doing such activity they would have to sell stocks at the cheaper prices they are marking so for 'true believers' this really should be a buying opportunity. I have no comment either way as to whether this does or does not legitimately happen because the only way to tell would be to actually SEE the positions of those firms. In any event, as a TRADER if I thought such activity was taking place I personally would not want to touch any such stock that appeared to be in the process of going lower at month's end. Just my opinion. All the best Diz, -- Gene

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