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Microcap & Penny Stocks : CAML lovers Where are you?

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To: Hubert Few who wrote (1377)5/21/1997 2:09:00 AM
From: Michael Anthony   of 1541
 
But why would the MM's want to buy stock at 3/16 when they could pay 5/32? Why were they sitting on 3/16 bid while sales were 3x more than buys? Why would they gather at the higher price? There must be several possibilities from MM inventory exchanges to private placements, etc. It'll be interesting to see what was going on in the weeks ahead, but I'm with you guys. I ain't biting.
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