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Gold/Mining/Energy : Medinah Mining Inc. (MDHM)
MDMN 0.0000010000.0%Jun 3 1:07 PM EST

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To: on parole who wrote (8338)1/12/1999 7:26:00 PM
From: Handshake™  Read Replies (2) of 25548
 
Well here's my "stock not going up theory" ....Let's say we on the thread send in 30 buy orders to buy the stock at .075, the bid is at .072 and .08, the brokerage houses we use call the same canadian MM to get the shares they need to fill our orders. The MM being short obviously doesn't want to see the price go up or attract attention and make it free for all runaway stock (especially from them) so they just create share after share after share at .075 to fill our orders. They are playing out the waiting game of hoping Medinah a junior mining prospect just doesn't make it so they quietly ride off in the sunset. Here's my trade a zillion shares at the bid and hopefully Madeleine can help on this:...what we see on Real Time is not the only bid offer out there, there are probably 6 Bids/Ask prices out there. If MM A is bid 6.5 and offered at 7 and all the rest are 7 by 7.5 and we at home are watching the ticker we see all these shares trade at 7 we think someone is selling because our machine shows 7 by 7.5 and who in their right mind could be selling right?????? but all the trades we are actually seeing are trades going thru MM A because of his market...well those are my theories for the might kiddees, just theories...hi ho hi ho ... :-)
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