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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL) -- Ignore unavailable to you. Want to Upgrade?

To: Jack Sman who wrote (22444)12/1/1997 6:26:00 PM
From: William Harvey  Read Replies (2) | Respond to of 41046
 
Thanks Jack.

Interesting. They lowered the bid at 3:26 and received 6 trades of 7,500 shares total (15% of the day's trades) at the bid and then a couple of ask trades at 3,000 shares total and then they raise the bid. (57% of today's total shares, 32k, traded after 2:45 but only 10% of that was at the asking price.)

Once again we've got three MMs on the ask vs one on the bid. The majority needs to fan out. 'Thick as thieves' comes to mind. Technically, there should be as many on the bid as ask. What they're saying is "make the price come down". It's outright collusion. I wonder if there are ever more than four 'active' MMs taking a position.

WH



To: Jack Sman who wrote (22444)12/1/1997 7:03:00 PM
From: Stephen B. Temple  Read Replies (1) | Respond to of 41046
 
Thanks Jack: On a cold day in Texas, I wish I was still in Westlake. As the model weather city shows just south of there, it could be a great place to spend a few hundreds year. If I had my choice of cities that I have either lived in or been around for a few months, Westlake would be at the top even though I spent just a few days.

weather.com

SunnysideupTemp'


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