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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 10:45:00 AM
From: sks1  Read Replies (2) of 5541
 
Once again you need to remember that MM's only reflect the orders they get from the public other than taking small positions long or short depending on sentiment. You can't possibly blame the decline in the price of this stock on MM's as they merely reflect the relative anxiety between buyers and sellers. MM's aren't allowed by law to talk to each other or to the public about positions and certainly did not wake up one morning with the intent to knock a dime off the price of this stock. Stop whining and recognize that yes there were actually sellers in this stock which caused the stock price to decline yesterday. If you want to continue to believe there was some sort of conspiracy by MM's to move this market down via short sales then show up with a larger buy order than they have on the sell side and watch the stock go up. How would you describe that? That they have a conspiracy to take the stock up? Just my ever so humble opinion
sks1
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