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Microcap & Penny Stocks : Agiss Software (AGCR) - Year2000 +

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To: LaShark who wrote (392)1/29/1999 3:50:00 PM
From: Michael Block  Read Replies (1) of 1811
 
Dear LaShark

I spoke with Rodney about the drop in the bid at the close of the market. It seems that the net capital requirement for these market makers is based upon the bid price. That's why we see the drop at the end and in the morning they raise the bid.

Michael
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