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Microcap & Penny Stocks : BAAT - world records for electric vehicles with zinc-air

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To: Jim Johnson who wrote (850)2/6/1998 1:08:00 AM
From: Richard L. Williams  Read Replies (1) of 6464
 
Hi, Jim--
I believe I saw the same thing you did. Blatant manipulation of the stock's price through psychological means.

I was surprised to hear that the early spike up was real...I had assumed that that was a technical glitch. I may be naive, but I have to ask this: I know that MM's are given a lot of leeway, but that move seemed to be way over the line. Aren't MM's accountable to anybody?

I noticed that during the day, the low was posted as 1/2 at one point, and 1/8 at another...only to be "corrected" to .62 later. Looks like our friendly MM is trying to cover his tracks.

I really doubt that BAAT is the first stock to get manhandled in this manner. But can the SEC really do anything about it?

Tomorrow should be interesting.

Cheers!
Rick
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