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Technology Stocks : Amati - MAIN THREAD

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To: Khanh C. Dam who wrote (477)6/30/1996 8:52:00 PM
From: tom   of 700
 
Hi Khanh: Your notice is right. Suppose the market markers(MMKS) do not raise the ask price, what will happen? the buying power will be used up soon and people frustrated. Then somebody tried and sold out. if a last trade at Bid price, MMKS could lower ASK price and soon lower Bid price also. How do you feel? Price went down! Do you buy it right now or wait? Of course wait. That's why you see volume down GRADUATELY. And Price is "controlled" around 20. Just me guess.

Suppose sometimes MMKS raise ASK price(Maybe buying power too strong or they want to show "Graph"-AMTX is not "DEAD") and last trade went up sharply. Then MMKS stop raising ASK price and ...

One instance when I watch real time(E*TRADE) and I got 2 quotes immediately followed:
11:08am BID=21 ASK=21 1/4 Last trade=21 1/4 TREND UP
11:08am BID=21 ASK=21 1/8 Last trade=21 1/4 TREND UP
How do you feel? The price will fall down right? That's what MMKS want

All above is just a guess. Guys watch carefully and draw you own conclution!
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