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To: CHARLIE BALLANCE who wrote (701)3/11/1998 10:34:00 PM
From: Arcane Lore  Read Replies (2) | Respond to of 32932
 
MM = Market Maker - someone who makes a market in one or more stocks by buying and selling that stock from/to the general public. MM's are generally blamed whenever a stock of interest happens to go down in price. If it goes up this is clearly due to the merits of the stock or the wisdom of the investor.

DD = Due Diligence - investigations of a stock's merits or lack therof. Not to be confused with reading SI threads or talking to company management (though both may be a useful place to start).

"up 3/16@ 1.01x1.0625 on actual trading" = stock was up 3/16 at the last trade (and there has been an actual trade). Currently the best bid price is 1.01, best ask is 1.0625.

Basic investment information can often be found at:
invest-faq.com

If you're thinking about penny stocks be sure to check out:
stockdetective.com



To: CHARLIE BALLANCE who wrote (701)3/12/1998 10:48:00 AM
From: Nazbuster  Respond to of 32932
 
Charlie,

MM refers to "Market Makers", DD to "Due Diligence".

1.01x1.0625 means "Bid 1.01, Ask 1.0625", where Bid is offer to buy, and Ask is offer to sell. The "x" is usually referred to as "by". Thus 4x4 1/4 would be "4 by 4 and one quarter".

For both fun and education, browse over to #Subject-18891 for lots of definitions, dictionaries and reference sources. (Notice you can use the shorthand version of SI references such as #Chart, #Subject, etc..


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