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Microcap & Penny Stocks : MDMI - Italian Bakery Extraordinaire!
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To: Old Stock Collector who wrote (2605)5/5/1999 1:33:00 AM
From: Old Stock Collector  Read Replies (2) of 3584
 
*** All: If You Must Sell Some Shares or Not Do This ***

Since we all together own the FLOAT.
We can control the Market for MDMI causing the MM to be short by having less sellers at the MM price or
if not short at least when news comes out they wont have the shares
as cheap as they wanted.

Here is a tip for us to try.
Use: Limit Orders !!!!!!!!!! A must!!!!!!!!

Never use Market Orders in a fast moving stock unless you want to
get raped of your CASH.

Walk the BID up by Doing a GTC (Good Till Cancel)
Set your price anywhere above the ASK say 25% to 50%

You can do this even if you don't really need to sell but if you
do sell even a little bit of your holdings a 25% to 50% profit is
good. I wouldn't do this if you paid 25% - 50% more than the ASK causing you to take a loss. The stock is then higher for the rest of your holdings.

By doing this the small investor can help the stock move up.
If it doesn't go up & we all stick to this plan then we know
the Market Makers are the ones trading back & forth making it
look like selling.

BTW: If the MM can have a 25% spread between the BID & ASK then we
should do this above the ASK to make them pay more when they want
the shares back!!!!!!!!

Don't get me wrong here I'm not saying to sell!!!!
I paid as low as .025 & still holding on I only have an order in
to sell a very tiny amount just in case the MM wants my shares at
my price taking the stock up in value.
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