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Microcap & Penny Stocks : GONT - GO ONLINE NETWORKS ( old symbol: JNNE ) -- Ignore unavailable to you. Want to Upgrade?

To: JP Jouver who wrote (928)	3/9/2000 5:41:00 PM
From: Little Engine	Read Replies (1) \| Respond to of 1063

Dangerous territory? Compared to your post, mine was quite tame. siliconinvestor.com Yes, I am opposed to grand conspiracy theories. I do believe that stocks go up for two reasons, news and emotional reaction... that's about it. BB stocks generally take a while to slide off their highs on the way down. I don't recall forecasting a plummet to obscurity, though I am sure it will get there in time. The hype is usually slows the slide down. DGIV, for example, took a long time to slide from $8 to 12 cents, but it got there. I didn't "charge" any MM's with manipulating anything. I merely posted how such a thing could happen. The more I think about it, the more I recall that most market maker lineups that I have seen on BB stocks are all over the map. There were probably some today with a bid of .50 and ask of $2 or something like that. So there's usually a few MM's obviously not even interested in trading. If one that trades a lot ups his prices, the others may figure he knows what he is doing and follow. For all I know, they may have computer programs set up to raise their B/A prices if the market is going that way, to avoid getting burned. If a market making firm trades 200 stocks, you can't expect it to keep on top of every PR and rumor. I know collusion is against the law, but I'm not sure that raising prices on small volume is a federal offense.