WINR-Secure Banking to Global Internet Gaming & E-Commerce Message Board

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Microcap & Penny Stocks : WINR-Secure Banking to Global Internet Gaming & E-Commerce

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Nov 5 1:20 PM EST

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To: tk715 who wrote (4510)	2/13/1999 11:06:00 PM
From: Sober	Read Replies (1) of 6545

TK, your post was very interesting to me; it is always fascinating to have insight into the logic and mind of others. Regarding the actions of the market makers, you said, "Keeping it below 3.00 avoided a price breakout and a large uncontrolled surge in buying volume. " My question is this, why would a market maker want to avoid an uncontrolled surge in buying volume? It seems to me the more volume of buying and selling (after all, they make money during a transaction; ie. a buy and a sell), the more chance they have to collect their cut, which as I see it, is the spread. The more volume, the more sales, the more chance to collect their cut. I know there is a change in the spread gap and it seems to get smaller as the volume increases, but the volume seems to more than make up for the closer spread. What am I missing here. The only thing I can think that would matter is that the market maker is like everyone else, he wants to buy the stock back at low prices in order to tie up less capital. Essentially the MM makes the same amount on a stock which sells for 1 or 100 if the spread is the same in each case. Why would they not crave high volume?? Barry

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