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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: MaryinRed who wrote (35760)5/12/1999 12:37:00 PM
From: If only I'd held  Read Replies (2) of 122087
 
I need some opinions. I have enterd into NETO. I have watched it for the past few days after playing it on Friday. For 3 days now, I have watched BTAB practically buy back the entire float at 12. It has been constant selling since Monday at 12 and has never dropped below 12. BTAB has been sitting there with a 200 share bid and has taken in literally millions of shares. Am I crazy to think that he is going control the float and it could make a tremendous move on that?? Am I missing something?? If there was ever an underwriter that supports their client, it would have to be BTAB. On Monday, the stock just kept selling and selling and he never let it dip below 12. I am not sure about the company's prospects, but the support he has been giving the stock made me step up to buy. Any opinions of such a circumstance. I never really saw a market maker do this before.
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