Dynamic Digital Depth Inc (DDE was Xenotech) Message Board

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Gold/Mining/Energy : Dynamic Digital Depth Inc (DDE was Xenotech)

DDE 2.640

+0.8%

Mar 28 5:00 PM EST

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To: mike kennedy who wrote (35)	2/25/1997 10:12:00 AM
From: Odi Handoko	of 141

Mike, I often wondered about the phenomena of the so call "last" low cost transaction. (Didn't happen yesterday, tho). IMO, I think these are games played by the MMs. The reason I say this is that it happens all too often for me to believe it is a case of an individual investor selling at the bid price. Not that it doesn't happens but I believe in most of the cases, it is one MM trading with themselve, or with "friendly" peers. I have always wondered about the attraction of keeping prices low. Only reason I can think of is short covering. It would seem that if the company is fundamentally sound (like I believe XEN is) then the pressure for keeping (=forcing is more like it) its price down must be tremendous when volume is building up. My gut feel is that someone is trying to accumulate at low levels. FWIW.

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