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Microcap & Penny Stocks : JAWS;A P/E of 2 with 150%/yr Erngs Growth!! -- Ignore unavailable to you. Want to Upgrade?


To: del clark who wrote (587)4/23/1998 10:43:00 AM
From: flightlessbird  Read Replies (1) | Respond to of 4230
 
With each passing day, the Shark falls into stronger and stronger hands (and more of them). MMs will not find as many shares as they used to at lower prices. Hopefully now, when they consider dropping the price to $1, 1) more people are poised ready to buy cheaply and 2) nobody is willing to sell at that price. That makes MMs nervous and they have to cover if they are short. I certainly think they will try again to drop her (one could argue they already did opening her up at 1.19 and dipping the bid to 1.10), but I think each effort will become less and less successful. And eventually, as I have said, I think this little game will become less profitable for them to the point of risking actual loss. And then they will move on to easier prey with other bb stocks. I'd be perfectly content with a .06-.10 move every day up from here on out. They'll keep trying but once they are convinced TGSK is in strong hands, it is all blue sky above. :)