JAWS;A P/E of 2 with 150%/yr Erngs Growth!! Message Board

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Microcap & Penny Stocks : JAWS;A P/E of 2 with 150%/yr Erngs Growth!!

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To: USA who wrote (597)	4/23/1998 3:29:00 PM
From: flightlessbird	Read Replies (1) of 4230

Question to all: At the end of today, can someone with intraday quotes and tracking review the orders and determine how many shares went through at the ask. I am seeing a HUGE amount of buys at the ask. I would also be curious if anyone with Level 2 can tell if most of the selling MMs are from just 2 or 3 firms. My question is directed towards the following: with so much buying today, are there MMs that are short who are hoping to "sell through" the volume generated by earnings and try to knock it back down to cover again? Or are these MMs that are covering right now? I certainly don't think the latter as other MMs would probably sense that and jack the price up on them for their own gain. Boy, won't these short MMs (if this is the case) be in for a rude awakening if buying persists until they are tapped to their limit. And then a forced buy-in from their clearinghouse would send them fleeing with their tail between their legs (and our stock up signficantly). With this spread of just one penny and all the buying I am seeing, something is DEFINITELY brewing.

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