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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?

To: makin_dough99 who wrote (6976)	4/14/1998 5:22:00 PM
From: RCJIII	Read Replies (2) \| Respond to of 34592

GMTID-Just filed an NT-10QSB- They have requested a delay in filing their earnings, due to additional data required by the reverse split. They hope to file on or before the 19th of April. RCJIII

To: makin_dough99 who wrote (6976)	4/14/1998 10:06:00 PM
From: Dave Gore	Respond to of 34592

I am not that techical, (and someone can correct me, I'm sure). but sometimes the MM's get caught in a short position where they are actually borrowing shares from people who own the stock and plan on "paying" them back with shares they sell later. Also, when nobody sells, they make no money and can't pay back the shares unless they dramatically raise the bid to entice people to sell. Remember, MM's make their money by getting people to buy or sell. They love volatility. Usually they don't care that much what the price is (except in cases like the above) because they make money on the spread between the BID and the ASK. take care, Dave.....wow my brain hurts