VLVT (was CSMA) Message Board

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Microcap & Penny Stocks : VLVT (was CSMA)

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To: sir larry who wrote (7974)	7/16/1998 10:12:00 AM
From: TraderGreg	Read Replies (1) of 11708

Sir Larry--Typically, when you see stability and you buy and then immediately you see a price drop, there is a simple explanation for this. (Before you read this, I am not talking short squeeze crap or anything like it, just business as usual) The broker who sold you stock probably didn't have it inventory. Rather than lose credibility with your broker and lose him as a customer, he complied with your request by shorting to him(you). Now, this is not some hatred on his part, just wanted to keep things liquid. Having sold short and wanting to cover, he will now drop his bid to cover the short sale and get flat again, waiting for the next transaction. Happens every day and has nothing whatsoever to do with hating or loving a particular stock. TG

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