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Microcap & Penny Stocks : AIRP
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To: Joan Osland Graffius who wrote (276)7/28/1997 11:05:00 AM
From: Rich Kaiser   of 487
 
Hi Joan,

There wasn't any selling pressure to really speak about. The market makers have been playing with the bid-ask price in order to make a .05 penny when they buy off the VSE. I talked with two market-makers on friday and the only selling at market was about 15,000 shrs. The other 80,000 shrs were bought in line with the bid-ask price on the VSE.

I hope this explains a little more about market mechanics when we trade on two exchanges.

Thanks for your question.

Rich
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