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To: Arthur Tang who wrote (1231)2/18/2001 11:40:09 AM
From: TechTrader42  Respond to of 1471
 
Thanks for clarifying things, Arthur. The following speaks for itself:

"Pump and dump or bad mouth the stock to gain an entry point is obvious after a while(they write "retrace" instead of "pull back"; retrace is a repeat of a former curve not pull back to a former price on any past curve)."

"SEC watches out for pump and dump. But bad mouth for lower price usually come back to hurt the would be stockholder, if he buys slightly lower. Bad mouthing may start an avalanche."

"Experts do not write anything except good points on any company."

I've never traded MWBX, by the way, and don't plan to trade it.



To: Arthur Tang who wrote (1231)2/21/2001 6:16:13 AM
From: Arthur Tang  Read Replies (2) | Respond to of 1471
 
Currently, market making is going through "take out the weak hands".

The terminology while speaks of evilness; in reality is a necessary evil, to buy back the stock from weak stockholders. In order to move the price up, the market makers has to promote the weak hands to sell first; otherwise, the minute offers are moved up, they will sell and take profits, preventing a nice move from happening. Nice moves help market makers to clear their surplus inventory.

So, it happens before any nice moves.

In the normal January effect, stocks will pull back before March 15 and will not have nice moves until after April 15 precisely. So enjoy this "take out the weak hands" period which is temporarily, and do you selling before March 15 or sooner.