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Gold/Mining/Energy : Naxos Resources (NAXOF) -- Ignore unavailable to you. Want to Upgrade?

To: jas singh MD who wrote (8225)1/16/1998 9:41:00 PM
From: Jan A. Van Hummel  Respond to of 20681
 
When the spread widens it reflects the MMs uneasiness. He is not sure
which way the market is heading and wants to make sure that if he is
picked off he has the cushion of a dollar spread.

You should see what the spread would be if the stock were to run up
quickly 3 - 5 bucks on very little volume.

The spread just allows him to soften the blow (or keep him relatively
dry) when he finds himself peeing into the wind.

JMHO

Jan



To: jas singh MD who wrote (8225)1/16/1998 9:53:00 PM
From: bill maghan  Respond to of 20681
 
Hey Boys,
You are all CORRECT
DOUG. keep up the good work,and remember, that this has to be the SCAM of all time,and now something is wrong???
We really do have something and everyone can believe what ever they want NOW THAT'S WHAT I WAANT
fair play for all or we all are peeeeing up wind.
MARKET MAKERS you SUCK and should be in JAIL for HWY robbery


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