Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Corporate Vision (CVIA) -- Ignore unavailable to you. Want to Upgrade?

To: K A Anderson who wrote (3197)	4/8/1998 11:55:00 AM
From: campe	Read Replies (2) \| Respond to of 6654

I just had a thought I'd like your comments on. When the Reg S was being sold into the float, most of the trades were going off at the ask, so we all assumed they were being bought right away. Could the MM have been buying up the Reg S at the ask and placing (most of) it in their inventory with the expectancy of selling it at a later date in the low .02's? Could the MM have a bigger inventory that what we thought? Can anyone verify that (some or any LARGE Blocks of) the 50MM Reg S ended up in friendly long hands? I know we on this thread can account for some of it but probably not $500,000 worth. Then again, the way Matt plays the market, he might have xxMM shares free and clear already...

To: K A Anderson who wrote (3197)	4/8/1998 12:22:00 PM
From: Milk	Read Replies (1) \| Respond to of 6654

KAA, it sure is amusing to watch how MMs manipulate the price. A tiny sell went through (5 or 6k shares) around noon, they immediately drop the ask. (Showing on the intraday chart on Yahoo quote.yahoo.com Best regards, Milk P.S. Hope after the upcoming PR we'll have better things to do than watching the tape<g>