MegaWorld Inc. (MEGW) Message Board

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Microcap & Penny Stocks : MegaWorld Inc. (MEGW)

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To: jake burns who wrote (694)	7/21/1998 7:00:00 AM
From: Emec	of 1058

Since you have accounted for almost the entire float, your thory makes sense. If someone want to make a purchase now and none of your contact wants to sell, where do the MMs get the stock from to sell to the would be buyer? They MUST sell the shares to the buyer. It is their obligation as a market maker. The answer is they sell short (naked). At some point, they too must pay the piper (cover by purchasing shares in the open market) which will push the stock through the stratasphere. MMs will be sorry they messed with this soon to be ex BB stock.

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