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Microcap & Penny Stocks : BAAT - world records for electric vehicles with zinc-air -- Ignore unavailable to you. Want to Upgrade?

To: John S. Baker who wrote (843)	2/6/1998 12:47:00 AM
From: Jim Johnson	Read Replies (3) \| Respond to of 6464

John, this (these) MM's are more than savvy! I wonder if it is legal what he did today? If so, he made enough to retire on I think. I watched yesterday (RT) as just after the opening bell there was a buy order for a large amount placed at "market"...he raised the ask almost a dollar, filled the order, then dropped it back. I knew right then what we are dealing with here. Today...9:50 (approx) look at the price shoot up to 3.25 ...he did it again! Sold 100,000 or more and filled "market" price orders at WAY over the usual price at the moment. At about $3.50 profit taking started...heck, we all knew it was coming...as the price dropped someone probably put in a "stop loss" sell order....he dropped it a little after noon and picked up what looks like about 270,000 shares for about 70 cents....went right back up...as the price fell he bought back at reducing prices..(A couple posts I have seen said orders were in but remained unfilled) At about $1.00 the MM quit buying and let others buy and the price went back in recovery mode....the MM saw someone else had put in another "stop loss" order just before 1:30...he dropped the price and scooped up a bunch more cheap shares...put the price back where it was and things continued with a totally shaken public. The rest was pretty well stand for something in recovery mode. All this of course is just my opinion as to what I see in the days trading. There is no evidence to support any of this and it is stricktly supposition on my part. I have printed the chart and I am having dinner tomorrow with my broker...I will have him take a look and see what he says about it. Anyone think I am calling it wrong? I'd love a better explanation. Jim J