SHRP: The Sharper Image, Profitable making $ on Internet! Message Board

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Technology Stocks : SHRP: The Sharper Image, Profitable making $ on Internet!

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To: Andrew G. who wrote ()	2/16/1999 9:57:00 AM
From: Sober	Read Replies (1) of 353

It gets really annoying to see a stock with so much good news and interest move sideways.. When the stock got to a high point of 16.5, the bid and the ask were the same price, why didn't the market maker move the ask up to continue the upward move of the stock price. When they don't move the ask up, then it seems the stock is not going anywhere and people think that is the top and they start to sell, which moves the price down again. I think the MMs want to keep this price down so they can buy at a low cost. Do not sell this stock now...if you do you play into their plan, and it will cost you later when they can no longer contain the price on even better news, ie new auction site combined with great earnings combined with takeover rumors, etc. You will then be sorry you are out of the stock. The MMs know this and are doing what they can to keep a large inventory of this stock so that when that happens, they will be prepared with enough stock to conduct an orderly run up of large volume. These are just the thoughts of one investor. Barry

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