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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: John Fairbanks who wrote (969)4/30/1998 10:30:00 AM
From: Kedri  Read Replies (1) | Respond to of 4230
 
This looks like a good start on said recovery..
However, I am frustrated by prospect that share price will just fall right back down fifteen minutes from now. Would be nice if there was a way to know for sure, but I suppose that would be impossible in situations like this.



To: John Fairbanks who wrote (969)4/30/1998 12:16:00 PM
From: brodway  Respond to of 4230
 
Here's JOHNY.................
Good post John. I totally agree with your research.
Its very true that mm always scramble to meet net capital requirements and try to clean up their house accounts toward the end of the month. Actually what the try to do is short the stock earlier in the month lets say at 1.40 and then at the end of the month try to bring it down to lets say 1.10. This in fact shows a net gain of 30 cents a share and therefore increases the cash position of the mm. That is why we saw that odd trade for 250k shares. If the market maker actually printed that transaction at 1.25 like they should have, it may have killed them totally because their net capital floor may have been violated because of the losses they incurred. Therefore, they printed at a price that they needed just to stay in business. Pretty clever wouldnt you say??
Hey where is NASD??? SEC???? anyone out there?? anybody see what is going on here? Yoohoo???? TGSK is being played with.
Ah, thats ok, wait till they all get bitten.

Again, thanx for the great post,

Brodway.



To: John Fairbanks who wrote (969)4/30/1998 2:21:00 PM
From: Leroyt  Read Replies (1) | Respond to of 4230
 
John,
I don't know if it's the same article but I have seen the same at:

microcapstocks.com

Look under Educate Me! and then the article is:

The Famous "Month End Maneuver"

Take a look, later, leroyt