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To: pete2 who wrote (5743)1/4/2000 11:48:00 AM
From: brad greene  Read Replies (1) | Respond to of 5847
 
pete,

It would seem that the MMs are a little rusty.

The first 10k this morning were mine. The bid/ask was 8 to 10 cents.

They filled 5k, then raised the ask. I raised the limit.....and they filled another 5k. The rest of my order now just seems to be sitting there.

Meanwhile, the last trade was for 1k.......at 7 cents....Jeeesh, a whopping $70.

In a nutshell.......I guess there is a 6 or 7 cent spread......and even then they will not fill the order on the ask side.

I think the 1k trades may be nothing more than some MM making a trade to stay active...or something.....but it would seem to me that the MMs are also not interested in trading at all.

I don't know....I'm trying to pick up a bunch of it for under 15 cents.....and the order is in there.

So anyone out there.....feel free to sell 10 or 20k.......They should be happy to give 10 cents.....and flip it over to me......and make a nice profit.

Go figure.....This is like a root canal.

bg