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Microcap & Penny Stocks : ROVAC CORP. (OTCBB: ROVC) -- Ignore unavailable to you. Want to Upgrade?


To: holzen who wrote (75)3/30/2000 7:48:00 PM
From: Katie Kommando  Read Replies (1) | Respond to of 96
 
It wasn't just ROVC today, the MMs appear to be raping most of the OTC stocks and doing the same thing. The best explanation that I have heard is that MMs want the price to be low at the end of the month on a stocks which they have shorted because then its end-of-the-month reconciliation statement looks better. I don't know how much truth there is to this, but it makes some sense.

Katie K.



To: holzen who wrote (75)3/31/2000 12:30:00 AM
From: Eric Fader  Respond to of 96
 
Because there was size offered by sellers but only small bids from potential buyers, not an uncommon situation in a down market. I guess you still don't understand my explanation a few posts ago of how the OTC-BB market works.