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Microcap & Penny Stocks : ECNC: BETTING, INC. A WAGER ON NEW GAMING TECHNOLOGY -- Ignore unavailable to you. Want to Upgrade?


To: Ronald P. Margraf Sr. who wrote (2676)6/15/1999 6:10:00 PM
From: Fli-by  Read Replies (1) | Respond to of 2909
 
Ron,

As to #1 I think it depends on the MM's at the time.

#2)Yes as far as I know you can not short pennies except in Canada.The stock must be trading over $5.00 for at least 60 days to be marginable.

#3) Yes and there is no reason to approve BETT as a short.

Best regards..

Fli

PS. I am surprised your asking us the questions. We rely on you for the answers.



To: Ronald P. Margraf Sr. who wrote (2676)6/15/1999 6:55:00 PM
From: steveK.  Read Replies (1) | Respond to of 2909
 
Ron-in response to your first question,I'm not sure if the MM's have to show the "lowest bid/ask",or if they are required to show the "best bid/ask" based on the average of share prices available(thru each MM).I've asked another friend of mine who's familiar with MM's.Hopefully he'll get back to me soon.Then again you and Fli may be correct as well.Will let you know what I hear re:that process.Go BETT!

Happy Returns-

stevek.



To: Ronald P. Margraf Sr. who wrote (2676)6/16/1999 10:54:00 AM
From: SCOOBEY-DO  Read Replies (2) | Respond to of 2909
 
>> FIRST; my understanding was that the MM had/has to show the lowest bid and the lowest ask. Is that correct?????<<

Wouldn't it be the highest bid and lowest ask?