Lunn Industries (LUNN) Message Board

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Non-Tech : Lunn Industries (LUNN)

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To: Ken W who wrote (1287)	10/15/1997 1:01:00 AM
From: henry jakala	of 1436

i'm in LUNN from way back and see this merger (more like reverse acquisition) as the beginning of something big for LUNN investors unfortunately the general public is completely ignorant as to how NASDAQ works and the dirty tricks typically crooked market makers are capable of. the general public doesn't understand that all buying and selling is done through an MM and no public trades ever cross in any transaction (at least not until all stocks fall under the new rules). the MM can arbitrarily set any price - even a lowballed price. the public sees this and panics thinking "there must be something wrong here !!" and sells never realizing that they're selling into an artificially depressed price only sustainable by the fact there is no news coming from the merging parties giving the impression that there is indeed something wrong. in the meantime the MMs are laughing they're thieving asses all the way to the bank. if the public would only bother to become familiar with the enemy they face (aka the friendly neighborhood MM) they would have the patience to wait this situation out. well - i'm holding my LUNN and thinking of adding more the above is only my opinion and intended for entertainment purposes only

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