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

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To: Martin E. Frankel who wrote (22783)3/31/1999 6:26:00 PM
From: JCinTC  Read Replies (2) of 44908
 
. The stock price is being played with... and not by PP holders or insiders. Yes, there are sellers, but, IMO, they are mostly momentum traders and day-traders whose only knowledge of a company is its' symbol

I almost fall out of my chair laughing everytime someone blame's daytraders & momo players for the price of this stock going down. Lets see...buy @.44, sell @.34, heck of a day or momo trade. Day or momo trading usually involves getting in a stock that's moving in a positive manner & selling when the momentum starts to subside & then maybe shorting it down & buying if momentum comes back in. Someone please explain to me how day & momo players are driving the price of this stock down?

JC
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