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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services
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To: Freddie Forte who wrote (11519)4/9/1998 12:25:00 PM
From: CO  Read Replies (2) of 27968
 
Freddie, I have had MM's at times on different stocks buy my shares at the ask price. It doesn't happen very often, but it does happen.

IF MM's are buying at the ask I would think it could mean 2 things:

1. They think the price is going up and no one is selling at the bid.

2. They have already sold shares at a higher price and are trying to cover what they have sold.

Myerson has been known to buy shares on occasion at the ask price. One thing you can bet on, is that whatever they are doing, it is to make money. That is what they are in business to do. MM's are not always just bad guys. They are trying to make a living. Not to say that they don't at times manipulate the market as much as they can get away with.

It sure looks like we have quite a few buys coming in today.

NOTE: I have been have problems with my internet connection today. I keep losing it. So if anyone has sent me a private message and I have not responded that is why. I can't even get caught up on this thread.

I have been trying to post this message for over 30 minutes

Also I may be leaving early today to go out of town for a few days, since the market is closed tomorrow. So if you don't hear from me, don't worry, I am not wearing stripes. ;-)

Cheryl
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