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To: brodway who wrote (569)4/23/1998 12:50:00 AM
From: barbara sperino  Respond to of 4230
 
brodway
thank you for a very good explaination of mm shorting. I did notice there were a good number of MM on this stock today, but since today was first day I have really watched I couldn't say there were more MM's today than usual. Well it looks like MM's 1 and shareholders 0 for today's game. but tomorrow is another day. Good night all



To: brodway who wrote (569)4/23/1998 12:53:00 AM
From: dacoola  Read Replies (1) | Respond to of 4230
 
Brodway my man,

Thanks for a great post. Hey Bill, maybe I got my answer. Thought I really understood MM functions and malfunctions. Brodway, you are right the number of MMs increased last week from 14 to 23. In my stupidity I thought this could be a good thing for us...especially when the new-comers were from reputable houses....WRONG.
Anyway, thanks for the good info...



To: brodway who wrote (569)4/23/1998 1:07:00 AM
From: jeff matakovich  Read Replies (1) | Respond to of 4230
 
brodway

thanks for the explanation. my broker is not going to say anything
negative about how the markets are run. i believe its similar to
a pocker game. whose got the hand and whose bluffing. it takes
a strong sense of direction, not to be fooled by the daily ups and downs.

naz, now that a fair amount of us have reported shares owned, what's up? what's outstanding?



To: brodway who wrote (569)4/23/1998 2:00:00 AM
From: del clark  Read Replies (2) | Respond to of 4230
 
I can see why someone would want to short a company they felt was over valued but why pick on a company that has solid earnings and should trade up? I mean there are a whole lot of stocks that would make a better short than TGSK. I am really confused on mm's borrowing shares on a stock like this. It seems they would make more money buy going the other way and then shorting it.



To: brodway who wrote (569)4/23/1998 7:08:00 AM
From: Bobby Yellin  Read Replies (1) | Respond to of 4230
 
sorry if somebody mentioned this but my internet access has been
even less than dismal so maybe this has already been presented..
supposedly one way to strangle these people is for a company to
do a reverse split..this way..the certificates have to be called
in and the shorts have to cover...and the stock should pop
have you heard of this? Is is true?
bobby



To: brodway who wrote (569)4/23/1998 9:55:00 AM
From: jffk  Read Replies (1) | Respond to of 4230
 
Finally someone explains it. This is a very common practice with BB stocks. Save your $15 and leave your cert at your firm.