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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services
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To: David A. Irvine who wrote (10498)4/3/1998 5:38:00 PM
From: Billiam  Read Replies (1) of 27968
 
"the MMS will be reluctant to let the stock price rise. They can basically set the bid and ask."

David,

This correct to a point. If the demand is great the price will rise. A recent example is DGIV. The MM were able to walk this stock down to the teens .15 - .19 back in Feb. But with good substantial news the price took off. It hit $5.25 yesterday and looks like it's settling in the upper 3's. Once the Myriad and Atrix deals close and are announced with some "good" PR we'll be lookin good.

Billiam
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