MNTG... MTR Gaming.... Let's Go To The Races.... Message Board

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Microcap & Penny Stocks : MNTG... MTR Gaming.... Let's Go To The Races....

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To: Jay Mowery who wrote (344)	8/13/1998 1:27:00 AM
From: Robert L.Stone	Read Replies (1) of 645

Hi Guys. Keep your eye on the BID and Ask. Bid stayed the same all day long 9/32 after being dropped from 5/16 the previous day it did not waver no matter how many shares came in. The ask was dropped from 13/32 previous day to 3/8 stayed the same until 18,000 shares traded end of day. The market makers raised the Ask to 7/16 after trading these shares.They did not raise the bid. What are the market makers telling us? Not raising the bid is a show of strength.SUPPORT Raising the ask shows the market makers need sell off shares aquired.It makes it more expensive to cover short position. Short players want the bids to drop.When the bids fail to drop and the ask raises is a warning for the short players to cover. Bob S Higher prices ahead!

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