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Microcap & Penny Stocks : ICVI (now MTEI)
MTEI 0.00240-29.4%Dec 8 11:13 AM EST

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To: Citidude who wrote (2686)5/25/1998 4:50:00 PM
From: Lee Walsh  Read Replies (2) of 11850
 
One more thing about the Market Makers. They serve a purpose, albeit sometimes we think it's for their own good....they are just out to make a buck like everyone else. They provide liquidity!! On thinly traded issues ...You probably wouldn't even be able to sell your stock if it weren't for the MM...they buy when you want to sell....even if it's not the best price. They are generally in the game for the spread...which can be substantial...Look at INFE on friday...that spread was outrageous for such a low valued stock.

Lee
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