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Microcap & Penny Stocks : MKII
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To: Elio Madama who wrote (161)1/3/1999 8:49:00 PM
From: Lou Farrell  Read Replies (1) of 834
 
Elio

The only way the price can really rise is for the MM's to sell all their inventory and start shorting. When we begin to see the shake-outs, that's when the price will spike. NITE handles E-Trade, and it looks like WIEN, HILL, and MULE are making the MKII market.

I think once we've turned another 3-4 mill shares the MM's are in a squeeze. That could take up to a month unless we get some fresh buyers. Slow and steady is my preference.

IMHO

Regards
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