1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46 Message Board

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Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46

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To: Alan Coccio who wrote (354)	6/12/1998 10:15:00 AM
From: Alan Coccio	Read Replies (1) of 5541

How to take a stock price down: Okay, so we opened with some buying in the pipeline and the price was soon raised to .25 X .26...fair enough. At this point we had traded 423,500 shares and on the ask side had two market makers at 26 cents. On the bid side we had two at 25 cents and two at 24 cents. At this point, a single 5000 share sell order came in. They took it at the current 25 cents and that single trade knocked both market makers off the 25 cents bid, both off the 24 cent bid and now we sit at 23.5 cents bid. Both market makers came off the 26 cent ask side too and dropped to 25.5 cents. All this with one 5000 share sell order. These guys are just unbelievably crooked! Alan

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