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Microcap & Penny Stocks : ComGen Corp (CGEE)

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To: Natasha_Kidd who wrote (38)12/23/1998 2:31:00 PM
From: Larry Panik  Read Replies (1) of 121
 
Yes, month end is coming up for these guys (market makers) and all they have is next week to settle up. Infact for them it is years end which has a bigger picture. Most market makers have their accounts in order but there are those who know year end is very very slow on buyers and hope to squeeze bye with some reluctant sellers. That is where the market makers squeeze the blood out of us. We are at their mercy. BUT what if there are no reluctant sellers, then they are stuck with buying at the market and that is called a short squeeze!!! Wouldn't that be a nice christmas present!
Larry
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