ALFN - Toy Store On The Internet Message Board

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Microcap & Penny Stocks : ALFN - Toy Store On The Internet

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To: Smacs who wrote (468)	2/18/1999 8:16:00 PM
From: E*Trader	Read Replies (1) of 2136

Watch out the gaping trick! ...MM's post high pre-open bid and ask so many people put an open market sell order and right before the opening they lower it and show up the real bid and ask which can be much lower that what they use 30 minutes before the opening to lure people to sell. it happened several times with major players. another trick that MMs take the pre-open market sell order with much lower price than that is posted claiming that this bid is subjective. and another times they claim that there was market lock out (price lock out) so the posted price wasn't the right one bottom line, don't put pre-open market sell order and don't easily get fooled with pre-open bid and ask. I am not talking about AFLN only but for any stock.

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