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Microcap & Penny Stocks : Advance Gaming Technologies Inc. (AGTI)

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To: Brian H. who wrote (512)10/13/1997 5:08:00 AM
From: Brian H.   of 4539
 
type O correction and a little more.

Actually what was alledged was that an MM saw that a particular investor had a stop loss at .14, bought the position and then turned around and sold it to an "ask" at .17. (I wrote "buy" in the previous post) I still think this is wrong. I mean, couldn't some shareholder group get together and establish a "best bid" type senerio? It seems that this stock is bottomed out at .20 so I don't like to see a sale at .14 when I'm sure there were some share holders out there that would beat that price.

Am I wrong about this? How many market makers are there in this stock. Is there a time limit that a bid must stand before MM's can lower it, and potentially keep lowering it until they pick up a lot of bargin stop loss orders.

Answers Please! and when it the Morton Downey show? I want to catch it

Brian
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