SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : HGRM--Any Followers?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bob Smith who wrote (2229)4/5/1999 1:19:00 PM
From: Eric Fader  Read Replies (2) of 3576
 
Bob - I agree with most of what you posted, but I must disagree with your statement that "the MMs are loading up." In my experience with MMs, which is extensive, MMs do not "load up." In fact, their abiding goal is to be flat or short. Inventory of a stock is "dead money" and is anathema. That's not to say that there aren't any MMs who also buy and hold stocks for their own account, but MMs are trained to make their money on quick trades, $100 here and $250 there, not to analyze the merits of the stocks they're trading. Most MMs prefer first to sell a BB stock short and then bid to cover, rather than first buy it and then look to sell it at a higher price - so firm is their desire not to hold inventory. -Eric
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News