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Microcap & Penny Stocks : ACCY - Accsys Global Network, Inc (NASDAQ OTCBB) -- Ignore unavailable to you. Want to Upgrade?


To: Joe Sing who wrote (743)2/2/1998 4:10:00 AM
From: Joe Sing  Respond to of 1574
 
Further to the MM's shorting issues...

Market Maker's don't like carrying stock overnight. Why? In about five hours time (from this post), North American markets will see a nice little surge in the overall indices (Dow, S&P, etc.). Why? Because China and Indonesia are up about 10% on their Monday (many hours since closed), and if a MM had finished off Friday carrying a major short position into the weekend, there's a good chance he'd be looking for a new job in about twelve hours time.

In short, all insomniacs invest in something Asian before the opening bell! <vbg>

joe

PS - I'm gambling big on this, so if I don't ever post again it's because I was wrong, and had to sell my computer for lunch money...



To: Joe Sing who wrote (743)2/2/1998 10:10:00 AM
From: Needticker  Read Replies (2) | Respond to of 1574
 
Is there any way to find out if there are any MM's in ACCY, and who they are?



To: Joe Sing who wrote (743)2/2/1998 7:32:00 PM
From: stockid  Read Replies (1) | Respond to of 1574
 
Joe, you are wrong. Shorting a bb stock is illegal. If you don't beleive me call up your broker and tell him you wish to short ACCY. You can of course short big board and Nasdq securities. But, the bulliten board had different rules. If you don't beleive me then try it. I should know because I worked for Prudential.

SK