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Microcap & Penny Stocks : CCEE Breaking Out

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To: Lee Kennedy who wrote (6712)10/9/1997 2:15:00 PM
From: Pugs   of 12454
 
Well, for example....Brokerages sell their wares thru the MM's, and the shares you purchase can be shorted against ( unless, of course, you have posession of your stock certificates.) Otherwise, in streetname, they sit there, insured, but 'shortable'.Market Makers can manipulate the price, watch the bid/ask...are buy orders being processed? Is the volume high and the price still going down? Are the MM's selling to eachother to create the illusion of buying while orders go unfilled? MM's that have huge short positions have to shake shares out of investors, they gotta walk the price down and buy the 'shook'shares to cover their short position. Brokerages can pay MERCENARIES to come in a shake those shares. You see these kinds of guys on most threads. Anyways, thats' what I'm talkin' about. When you see dips, like Ingrid mentioned, it usually means shorts covering, and more activity from the MERCENARIES. Best to all, Pugs
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