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Microcap & Penny Stocks : Socket Communications (SCKT) -- Ignore unavailable to you. Want to Upgrade?


To: 2MAR$ who wrote (81)6/23/1999 7:32:00 AM
From: GARY P GROBBEL  Read Replies (1) | Respond to of 932
 
Mars...I agree wireless is hot. I have been buying certain wireless stocks for the past few months. Reminds me of the inet mania.

One thing to remember here is that one function of the mm's is to keep an orderly mkt. To do this they most certainly sold shares they did not own on the run up yesterday...they may have covered some but I bet they are a few hundred thousand short going into the open this am. If their is upside pressure at the open they might think of covering their positions...and begin feeding on each other....thus adding to the merriment. Just something to consider.