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Microcap & Penny Stocks : TPII - Year 2000 (Y2K); Groupware; Client Server Migration

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To: Syd Deem who wrote (7829)	6/29/1998 11:22:00 PM
From: Alan Coccio	Read Replies (2) of 10903

Syd, of course I'm just speculating but it's because I've seen this happen many times before. If a bundle of stock is coming in to be sold, the market makers don't want to pay a high price for the amount they're going to have to absorb. They would rather buy it at the lowest possible price and then sell it back later at a higher price. (Wow, what a concept!) The past two days action is what got me thinking about this. Today, only about 20% of the total stock traded was on the sell side yet the price didn't rise. Same yesterday. Market makers generally have a good reason for doing this since they are masters at maximizing their profits and will only move when it is to their benefit. For instance, they might simply have gotten word that a seller is going to move 122,500 shares into the market sometime this week. <grin> Keep in mind that I'm just speculating. Alan

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