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 : SETO Semicon Tools Inc. -- Ignore unavailable to you. Want to Upgrade?


To: DanielleC who wrote (2897)12/1/1999 11:12:00 AM
From: Dave Gore  Respond to of 3222
 
Big Buying but MM game playing right now. I know many of you are holding "long" but wanted you to be aware of this.

From 10:25 EST there with the bid at .81 x.89 they were lots of subsequent "buys":

50,000
5,000
20,000
2,500
30,000
500
20,000

the only "sells" were 2,500 and 5,000

but they DROPPED (yes, dropped) the B/A to .78 x .86, then to .75 x .83 which induced (4) small sells of 5,000, 2,500, 1,500, and 5,000; then another small sell of 2,500 and a buy of 2,500 at .813

Now we are at .73 x .813

If buying continues the MM's should play it fairly again. Just wanted you all to know that the MM's are trying to shake some things up. Buying is still dramatically outpacing selling. To be expected. Seen it many times before.

PS- I am encouraged by the number of big block "Buys"...usually a good sign.

Good luck,
DAVE