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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today -- Ignore unavailable to you. Want to Upgrade?


To: JOE MEDSKER who wrote (2788)2/12/1998 2:08:00 PM
From: Musya  Read Replies (2) | Respond to of 19331
 
TIK,

as Joe Medsker told you,

Also, as has been stated on this thread on several occasions, AGE can not buy shares at the ask. They can only sit at the bid and receive those shares

Not only that. By the rules of the buyback they cannot buy at any price more than "ask minus 0.06". Thus, when other MMs close the gap between bid and ask by lowering the ask, the friendly MM doing the buyback has to back off of the bid!

So do not panic.

The constant selling is not a good sign, though, I agree.

Musya