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Microcap & Penny Stocks : LGOV - Largo Vista Group, Ltd.
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To: Paul R Hnott who wrote (835)4/20/1998 12:46:00 PM
From: Dusty  Read Replies (1) of 7209
 
Paul,

JMO... Okay.

If the bid goes down it indicates they are not willing to buy inventory at high prices and most likely have SOME inventory and are not REAL desperate for product. But, they don't have so much as to sell off for cheap either, so the ask remains. They most likely will raise the ask as the inventory is reduced a bit. Then if the inventory gets LOW and the buying pressure is up then they will raise the bid enough to attract sellers. OR and they do this stunt REAL OFTEN... they lower the bid and ask to make it appear the price is dropping and this FOOLS the weak to sell of real CHEAP, they restock the inventory and it is off to the races again.

You never know what the Market Makers are going to do for sure. This market is totally unpredictable.

Welcome to the world of OTC trading :o)

Dusty
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