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 : CMOZ, next cmgi -- Ignore unavailable to you. Want to Upgrade?


To: E*Trader who wrote (857)6/29/1999 1:34:00 PM
From: sks1  Read Replies (1) | Respond to of 947
 
What do you think precipitates "MM games" Would it be that they accumulate small positions in the underlying stock waiting for direction and then a reasonable size seller comes along and the mm's don't have any decent buyers at that level so they let the stock hit the market instead of taking it in at the higher level?
Now please explain to me how the "evil MM's" caused that "shakeout"?
MM's are not warehouses and if they don't have any bids and no belief that positive news is imminent then when a seller comes along they should just suck it up and hold the price up? Just say it like it is; more sellers than buyers today!
sks1