Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: Susie924 who wrote (86775)	6/16/2001 11:55:34 AM
From: Jim Bishop	Read Replies (2) \| Respond to of 150070

I would have to agree that an MM constantly sitting on the low offer, is selling all he can. Hey, do what I often do, scream at him to get greedy and move up, use caps, and bold...LOL pure coincidence I'm sure, but sometimes it works.

To: Susie924 who wrote (86775)	6/16/2001 8:25:51 PM
From: Dwayne Hines	Respond to of 150070

Perhaps I should qualify that - to "change in volume usually precedes change in price." And that can be a move up or down. It's an axiom - there are exceptions to the rule. For instance, there are some true penny stocks like MVEE and such that trade a ton of volume every day, and don't move at all. I don't see how anyone, even the MM, make money on such trades. IGNE had a surge of volume this week, and the price started to go up. Watching it from past moves, it seems a good pattern. Someone soaks up the available shares, and with a small float, up it goes. Volume was something like 10x normal this week, with price moving up by Friday. It's starting to get some notice on other boards. We'll see what Monday brings.