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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG)

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To: James Kelso who wrote (18091)2/25/1999 3:35:00 PM
From: Lee Walsh  Read Replies (1) of 44908
 
MM=Market Maker.

They generally trade the stock in the opposite way you do. They sell first (to you when you buy) and buy back later...hopefully at a cheaper price. When you buy, you bet the price is going up...when they sell they bet the price is going down....since they control the market in a since, they generally have the upperhand. Unless the buying by the public gets out of hand, and there is more buying than they can handle, then you can get what's called a "short squeeze"

They are in place to provide an orderly market...that usually is not the case.

Lee
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