To: Joe Copia who wrote (115 ) 4/10/1998 1:15:00 PM From: Moonglow Read Replies (1) | Respond to of 3086
Joe, Thanks for your answer. Well then, I like them dropping the bid after a buy too then. I did notice something interesting too. Yesterday morning, this stock opened at $1.21 x $1.28. I wanted some money for something, so I put in a limit order to sell 1,000 shares at $1.25. I figured that I'd get it for sure. But wasn't going to be disappointed if I didn't get it either. Just thought it would also be a good way of testing to see just how much the mm's wanted this stock. Anyway, shortly after I put in my limit order for $1.25, they raised the ASK to $1.37. Kept the bid at $1.21 though. I laughed to myself and said..."Why those turkeys! They're trying to see if someone places a buy at $1.37 and if someone does, then they'll raise the bid to $1.25...scoop up my shares....and sell my shares to them." Anyway, nobody bought at $1.37, and shortly after that the stock price began dropping and so I never did get to sell those 1000 shares, (which I'm kind of glad that they didn't sell). But I loved the close yesterday. There we were...sitting at $1.06 x $1.12 and I'm beginning to curse a little bit...and suddenly..voila! we're closing at $1.15 x $1.18. Oh, and I don't think that ScammedFred is a shorter. I think that he is someone who got really burned with the NPA.V fiasco. And a fiasco it was for many people. Although I was not on SI back then, I had access to reading the notes on SI through a friend's computer and you wouldn't believe what was being said about NPA.V. It was going to the moon, like yesterday, man. I kicked myself in the head several times for selling too soon....but once it ended up getting halted, I began hugging myself again. Juanita