Thermo Tech Technologies (TTRIF) Message Board

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Technology Stocks : Thermo Tech Technologies (TTRIF)

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To: space cadet who wrote (46)	8/16/1996 11:51:00 PM
From: DDS-OMS	of 6467

Mark: Sorry to break this up into 2 posts, but havent figured how to stop my local server from disconnecting me if no activity in 20 minutes and SI gives me only 15 minutes to edit and I'm a terrible typist and slow as hell soooo. So the more THEY can shake loose at the bottom, the more they make. Reason # 1 for high vol this past week or 2 with virtually no price change. Think the greedy bast...s have got enough? Well as I said this is simplistic--hope you aren't offended but really, that is how it works generally. So, if you can drive a stock down on RELATIVELY low vol and buy back huge amounts as in the case of TTRIF now, the profit potential for THEM is enormous. The profit potential is dependent on how many shares it took to drive the price down and how many you could accumulate at low prices.The shrinkage in vol over the past 2 days could mean its over? Took the price up 3/32 on 84K shares--lowest vol since 73.8K on july 16 ( exactly 1 month ago-coincidence?) Actually, that is sort of how MM is supposed to work-- buy when the price is going down and sell when it is rising to "maintain an orderly market". This is done on NYSE, but small wholesalers can stop buying or selling any time they want to, whereas NYSE specialist must buy when prices are dropping unless "order imbalance" is huge like on a surprise announcement inwhich case trading is halted in time to save the specialist's butt. I've invested only a small % of my net worth in TTRIF--there will probably be a time when I'll rue not buying more--hope so anyway! BTW,48.6K shares were bot below $2, most at 1 9/32. The other 10K ws bot Nov 95 @ 1 9/16 (actually bot 14k and sold 4K in Feb @ 3 3/8, so dont really have that much in TTRIF. 1K shares of INTC would have cost more and I think TTRIF has more potential for profit than Intel, allbeit at a slightly higher risk <g> Hate this --but has to be part 3 dont want to lose this so must post.

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