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Microcap & Penny Stocks : WINR-Secure Banking to Global Internet Gaming & E-Commerce
WINR 0.00010000.0%Nov 5 1:20 PM EST
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To: GT who wrote (1443)9/10/1998 3:29:00 PM
From: Tom Frederick  Read Replies (1) of 6545
 
Gorcon, exactly! But remember that MM's have many accounts and many stocks. They are playing the odds. My point was that MM's don't have it out for any company, they just play the market odds. So when a little selling starts, and there is no news out, and the MM's start to move down the bid, this is like an automatic program for them. Nothing personal, just business.

I think in this case, WINR will indeed catch some by surprise, but even on a big rise day, the MM's still trade away and make money all day long. Remember, MM's don't hold stock overnight typically. They just buy what they need for the days trades. So they don't get caught holding a stock when the market opens with big news on that stock.

Again, many here seemed to get the idea that the MM's were "manipulating" the WINR price. Well if the market wants the stock the price will move up. MM's can't stop it and won't benefit from holding it back. But if a stock is sitting with no news and investors start to get worried or impatient, they play the odds.

I think the odds on WINR are strongly in their favor barring any bugs with the system. Once Interbet is up and running, we will see a steady flow of new deals and revenue projections and watch out from there.

Tom F.
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