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 : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS) -- Ignore unavailable to you. Want to Upgrade?

To: andy harrison who wrote (17216)	11/12/1997 3:42:00 PM
From: TLWatson59	Read Replies (3) \| Respond to of 55532

Andy: Assuming some other posters on the thread are being truthful and I certainly have no reason to doubt them, we know that at least two trades today were the result of orders placed by people on this thread; JK and PUGS. Somehow I cannot accept the position put forth by many that the MM's did this or the MM's did that. The MM's do nothing other than what market conditions call for at the time a bid is raised or lowered or an asked price is raised or lowered. Somehow it has become ingrained in the thinking of many that the lives of the market markers in any stock turn on their desires. MM's make their living on the difference between what they purchase a stock for and what they sell it for - usually on the same trading day. If necessary they short a stock to fill a buy order if they have no profitable long inventory. Conversely they buy a stock if they have no customer or broker buy orders. Yes there are times when certain well known MM's will enter into some unsavory alliances, usually with Reg "s" holders of a stock and kill a market but once that supply is dried up they are long gone. Then you have the SOES Bandits and independent day traders who jump on anything that moves and that's in either direction. For all of you long this stock I sincerely hope that you come out ahead on your project but dont delude yourselves into thinking that every price change in any OTC is always determined by the MM. The rule of supply and demand still functions in the OTC market even the OTCBB market. Good luck to all, TLW