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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)
VSAT 34.81-1.0%Dec 26 9:30 AM EST

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To: Stock Watcher who wrote (2946)2/16/1999 11:57:00 AM
From: BarbaraT  Read Replies (1) of 52051
 
Market makers play games with this one ... guess that's the big problem with BB stocks. Company is currently working with auditors to become fully reporting. Perhaps that will help the situation, don't know. All I know is that there was a buy at .43 - and they lowered the ask on the *buy* to .42. I would be really ticked off had I bought a big chunk at the high, and they then lower the bid.

However - if this thing is going to $1 and beyond and the buyer is a long term investor, doubt it will bother him/her too much. I am in this for at least another year - and probably will still hold a big chunk thereafter (unless there are changes in the fundamentals).
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