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Microcap & Penny Stocks : JNNE Jones Naughton: Go Online via Kiosk

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To: Chris K. who wrote (265)4/6/1999 10:26:00 AM
From: BI*RI  Read Replies (1) of 4824
 
So, how can almost 20% of the float change hands in 45 minutes with no change in the bid/ask? Either Herzog (who is on the Ask at .19) has a ton of inventory to sell, or Fahnstock is buying all they can get at .185, or are they simply trading shares with each other to give the illusion of a market. Does Level 2 show MM to MM trades?
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