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Microcap & Penny Stocks : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?


To: tradesman who wrote (2615)12/3/1997 3:00:00 PM
From: TraderGreg  Respond to of 11708
 
<<< know this was sort of talked about already, but why are they
purposely holding this thing above $1.00?>>

In my prior post, I said that below 1.00 the MMs have to be willing to buy 2500 shares and may not want to expose themselves that much
MMs who are truly long, not short covering, also don't want to expose themselves in the event it tanks. I guess it works both ways.

TraderGreg