Littlefield Corporation (LTFD) Message Board

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Non-Tech : Littlefield Corporation (LTFD)

LTFD 0.170

0.0%

Jan 29 9:30 AM EST

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To: Pr-Ac Man who wrote (5887)	12/22/1997 6:03:00 PM
From: jimmy	Read Replies (1) of 10368

>>>But I think it's just a little too easy to explain every jot and tittle as an "MM conspiracy" Who said anything about a conspiracy? How do you derive "MM conspiracy" from my following statement: "the Market Makers continue to push BNGO's price higher on low to moderate volume". I was merely pointing out that knowing that there are probably few sellers at this level, the MMs will drive the price of BNGO up (perhaps artificially) forcing those that waited for the warrant call to end (before buying back in) to pay a premium for their BNGO shares. Or, put another way, BNGOs price over the next few days will be driven more by the MM's "influence" than by the natural forces of supply and demand.

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