SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : ProNetLink...PNLK...Click here to enter -- Ignore unavailable to you. Want to Upgrade?


To: Mark Konrad who wrote (21216)6/29/1999 4:05:00 AM
From: Roy F. Baker  Read Replies (2) | Respond to of 40688
 
I pulled up the last 10 trades for PNLK today. The MM's walked it down from 3.281 to 3.12 in 8 minutes. They took a bunch of sells out way below where it belonged. Than closed it out with a buy of 300 shares at 3.281. In the last ten minutes PNLK had 14.7 thousand more shares sold than bought. I think the MM's are playing with the day traders. Early rise, late drop off.
It goes to show the MM's can make a lot of money on a slow day just by being creative. It also shows they will try it again on Tuesday IMHO!

Roy