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Technology Stocks : CAWS - Wireless Cable (New and Improved)
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To: Kirce Stojanovski who wrote ()12/10/1996 5:40:00 PM
From: Secret_Agent_Man   of 5812
 
Yes the MM's are there only to take your money anyone that does not realize this needs to quit. The object of the game is to buy low and sell high, that is always the theme. So, when they crash a stock on any bad news, there is a panic sell, which further tanks the bid/ask .....surely everyone read the piece on market manipulation posted at the gates of SI for some time. Anyway.. here's what i did..i bought a few shares let's say 1k/ 2.5 sold @ 2.9375 not much gain. but a profit is not one unless you take it right? well when it crashed down to
1.1875 there was another opportunity..dead cat bounce or manipulation?
judge yourself..remember the MM'm make money not only on price but more so on volume, so if they start a panic that generates sales or a rumor that generates buys they'll be ther ready to take your money... I still think caws has a good idea and that it can be implimented however the sharks(MM's) will have to give it a rest and CAWS will have to show some credibility in lieu of the recent downturn. CAWS is definitely cheap and it looks like someone is setting them up to be raped, raided and left to DIE, so they must act swiftly, courageously,
and decisively. IMHO...
p.s. i no longer hold a position in this puppy!
bg
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