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Microcap & Penny Stocks : BANY: Core business growth, exciting affiliations!

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To: David L. Wasylenko who wrote (1138)3/21/1998 5:22:00 PM
From: brad greene  Read Replies (1) of 5847
 
David,

Interested in your thoughts on this.......

After Monday's stuff...I would assume that naked shorting of BANY would not be allowed to continue...if it was, in fact, being shorted in a naked fashion in the first place......Do you agree?

But shorting on borrowed stock.......If stock that has been available for borrowing is being called back in...ad it has, in fact been borrowed....and one market maker feels that another market maker will be forced to buy large numbers of shares.......in the hours or days ahead........Will one or more market maker begin accumulating shares in anticipation of being able to resell the shares at a higher price to the market maker who must buy them for their clients or themselves?.....or will all market makers wait until the one market maker who needs to buy the shares starts raising the bid in an effort to get them from shareholders willing to sell at a higher price?

I'm thinking that MMs are in charge of maintaining an orderly market.

As a situation like unfolds....could long market makers be the ones raising the bid in an effort to build inventory in order to meet expected demand?....from another market maker?

Have I got this right?...

bg
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