SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mick Orgas looks into his Crystal Ball....

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mike Sawyer who wrote (211)3/19/1998 10:17:00 AM
From: David L. Wasylenko  Read Replies (1) of 461
 
I'm confused...

everyone puts all this blame on MM ... "they are tanking the stock" and the like. and yet no one wants to follow the ask on up.

If the stock moves up, the MM are "moving the ask on me".
If the stock holds , the MM are "running out of shares".
If the stock moves down, the "bastards are naked shorts".

maybe it's just company/market fundamentals. if no one thinks the company is worth more than $0.22, and no one is willing to pay more than $0.22, it won't go above $0.22.

if we get our fills at $.16, then we are driving it down.

$0.02
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext