Tokyo Joe's Cafe / Anything goes Message Board

STOCKTALK

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.

Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: J. C. Dithers who wrote (5848)	4/10/1998 1:21:00 PM
From: makin_dough99	Read Replies (3) of 34592

INTK Les, Looks to me that the MMs kept it down pretty well yesterday - I don't think the same will happen Monday. There was lots of action in the stock yesterday, buying, selling, and then selling again when Joe said he was selling 50% of his inventory, then buying again when Joe's post was clarified. I believe there is a large short position divided between the 13 MMs ! The MM's may lower the price pre-opening to scare holders into selling there stock - I believe that if buying comes in early Monday morning, you will see a difference in the way the stock acts - The MMs may even hold it for an hour or 2 but then they will be forced to start covering. I was an MM years ago - I would probably lower the price a little Monday to try and scare holders - if that didn't work I would start covering my short as quietly as possible. All the MMs can't cover at the same time - if they do the stock will run too fast.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next