GWTR-Global Water Tech Message Board

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Microcap & Penny Stocks : GWTR-Global Water Tech

GWTR 0.0455

0.0%

Oct 31 9:30 AM EST

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To: Shawn D. who wrote (121)	4/3/1998 6:25:00 PM
From: Mike Sawyer	Read Replies (1) of 198

In a perfect world it would work this way. But in the OTC market...the people don't control the price of the stock...the market makers do. When the market makers know that there is something to spawn excitement...they run the stock. When they have silence...they will take it down and let the emotions of the holders cause them to sell...further reducing the price. When they get it so low that a market maker steps in and buys large quantities...the other MM's will follow suit and then sell to the public as joe holder gets lathered up about huge volume, buys more stock and tells all his buddies to do the same. Huge volume without news won't get a stock to hold higher ground. It will always come back. Don't get me wrong...the stock will run eventually. The question is...will it drop lower first...and when will this take place??? At this time I'm a holder...and this is just an opinion.

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