HouseHoldDirect.com (BYIT)-The Next SAMS/Walmart Ecommerce Message Board

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Microcap & Penny Stocks : HouseHoldDirect.com (BYIT)-The Next SAMS/Walmart Ecommerce

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To: Katt-000 who wrote (1815)	3/23/1999 10:47:00 AM
From: Bill Fortune III	Read Replies (1) of 2994

Greetings Katt. Thanks, but that is not the one I was thinking about, but it is a very good overview of how MM's work. The one I remember was written also by a former MM and pointed out just underhanded they can sometimes be and that is in someway pointed out by your link. The following is the fifth paragraph from the bottom, which illustrates in part of what I am trying to refer to: “Some ways MM's entice sellers; Run the stock up with a "tight spread" in a fast market, then "open" up the spread to slow down the buying interest. After it has "cooled off" for a little while lower the offer below the last trade right after a small piece trades on the offer then tighten the spread so that the sellers feel they can take a "quick profit" by "hitting the bid" on the tight spread.” Thanks again and regards, Bill Fortune III

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