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Microcap & Penny Stocks : Computerized Thermal Imaging CIO (formerly COII)
CIO 6.825+0.2%Dec 3 3:59 PM EST

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To: Gwolf who wrote (487)5/29/1998 11:55:00 AM
From: Gwolf  Read Replies (1) of 6039
 
The decline doesn't seem to have much vigor to it so far. I do sometimes wonder if the MM's didn't partially cover their shorts on the run from $.51 to $1.06. I've also been told by a trader I know that they are not really shorting but in fact laying off trades for the bigger brokerage that have customers that are selling through them. It all gets a little confusing sometimes trying to figure out what is really taking place. There is definitely an advantage to being listed on an exchange, true supply and demand control stock price instead of the MM's and hype artist controlling the stock.

Gwolf
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