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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: USA who wrote (597)4/23/1998 3:29:00 PM
From: flightlessbird  Read Replies (1) | Respond to of 4230
 
Question to all: At the end of today, can someone with intraday quotes and tracking review the orders and determine how many shares went through at the ask. I am seeing a HUGE amount of buys at the ask. I would also be curious if anyone with Level 2 can tell if most of the selling MMs are from just 2 or 3 firms. My question is directed towards the following: with so much buying today, are there MMs that are short who are hoping to "sell through" the volume generated by earnings and try to knock it back down to cover again? Or are these MMs that are covering right now? I certainly don't think the latter as other MMs would probably sense that and jack the price up on them for their own gain. Boy, won't these short MMs (if this is the case) be in for a rude awakening if buying persists until they are tapped to their limit. And then a forced buy-in from their clearinghouse would send them fleeing with their tail between their legs (and our stock up signficantly). With this spread of just one penny and all the buying I am seeing, something is DEFINITELY brewing.



To: USA who wrote (597)4/23/1998 5:24:00 PM
From: brodway  Read Replies (1) | Respond to of 4230
 
Mr. USA.... youre absolutely correct...
You know i was sitting around for hours, thinking of what the specific quote was, but was unable to remember, for i have not seen the movie for some time now.
Thanx for your good memory.
What a great movie.

Good luck to you,

Brodway



To: USA who wrote (597)4/23/1998 6:18:00 PM
From: jffk  Read Replies (1) | Respond to of 4230
 
The most valuable commodity I know if is information. Suprise me kid. I don't need another chart reader.