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Microcap & Penny Stocks : MIDL .... A Real Sleeper -- Ignore unavailable to you. Want to Upgrade?

To: David L. Wasylenko who wrote (235)	11/7/1997 9:28:00 AM
From: FARRIS	Read Replies (1) \| Respond to of 7039

David, You and Lee both have good points, but he is correct in this case. You simply allow the MMs to walk the stock down -- you get a "good" deal and 20 minutes later the ask drops below what you paid. This happened to me on the stock GaBard is referring to. It dropped nearly a buck a share because of this and rode right back up to about what I paid when the MMs covered their short. Tricky game they are playing -- could hurt them if someone with really deep pockets and strong beliefs in a particular stock bought into their game and did not allow them to cover -- hard to beat them no matter what though. By the way, there is nothing weak about IKAR -- you should take a look if you have not.

To: David L. Wasylenko who wrote (235)	11/7/1997 10:39:00 AM
From: Lee Bauer	Respond to of 7039

David, I wish weakness were the criteria for this problem then the decision would be simple. The problem here is that by "getting a good price the door is open for the MM's to drop the ask. This of courrse will let the price fall. This does not have to happen but it just depends on where the MM's want to make their Dough. If the ask is bought this can not happen. Happy Trading, Lee

To: David L. Wasylenko who wrote (235)	11/7/1997 12:38:00 PM
From: Ga Bard	Read Replies (1) \| Respond to of 7039

David that is why you and are nemesis I have 10 bagged my mere 6K to 75K in three months and you are disagreeing with me. That is fine so short your short on the buying that is fine. You have not made much since to me at all since I first came into contact with you. But that si the internet and the varuious types of traders. You put out the facts and people like you continue to hit a 16 on a black jack table and the dealer shows a 6. You and I are different as night and day and our trading styles are also as our personalities. I wish you luck trading but you are apparently a blue chip traders and lost it the OTC:BB arena. Buy between the bid and ask I do not care. Trade what is right for you. You can not harm this stock regardless. Too many millions coming into it so do what you want to do. IKAR had 75% buys and 25% panic sells because of buying between the bid and ask plus I showed one example of solid buying and the price dropped. Some people I swear. GB