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Microcap & Penny Stocks : NETZ - gets deal with DEC! future 100 bagger? -- Ignore unavailable to you. Want to Upgrade?

To: Michael Harb who wrote (1490)	12/20/1997 7:44:00 PM
From: DGMAC	Respond to of 1702

Thank you for sharing your knowledge with respect to the inner working of the MM's. I still have not yet figured if the 100k was a buy or sell. I was even wondering if the first was a buy, and the second reversed the first, such as what would happen if it were a mistake. What I did notice that almost all the trades were buys until 10:00 A.M., then it was quiet, then a 4000 share sell at 0.18, then quiet trading, then 200k shares in two blocks within one minute of each other. I thought MM may have been covering because the general bid/ask trend had been up for the previous hour and a half, and possibly the MM's wanted the shares in case things started to turn upward. The extra half cent on 200k shares is only $1,000, cheap insurance to pick up 200k shares on a potentially rising market. One thing that I think we can all agree on though, is after the 200k transaction, the next 59,500 shares were all sold, and another 40,000 sold just after 12:00, another 25,000 around 1:30, and another 45,000 shares sold around 2:00 p.m. and another 72,000 beween 2:45p.m. and 4:00 p.m. By my calculations, that is about 241,000 shares at an average of .175, somebody(s) collected somewhere around $42,000 on a falling stock. It just doesn't make sense on a stock that was worth over 3 times as much a few weeks ago, and almost twice as much 2 weeks ago. DGMAC