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Gold/Mining/Energy : Tracer Petroleum (TCXXF) -- Ignore unavailable to you. Want to Upgrade?


To: Saracen who wrote (661)4/30/1998 10:26:00 PM
From: Hunter Trout  Read Replies (1) | Respond to of 1261
 
If you think the MMs are at it now, just think of the fun they'll have with 10 times fewer shares to play with.

HT



To: Saracen who wrote (661)5/1/1998 1:43:00 PM
From: Midwesterner  Read Replies (1) | Respond to of 1261
 
Saracen,

I agree, I think the market makers are playing games with the stock trying to either shake out some of the weak sisters so they can buy their stock very cheaply, or as you put it, trying to make a few bucks trading at a higher number.

You must remember, they are not there to help us and be our friends, there main purpose is to make money.

One of my programs is TC2000. It indicates a 100% selling, even tho some of the volume buys have been at the ask price. Could it be, one of the market makers is increasing his position? Why would anyone want to do that? Imagine the profit when a positive annoucement comes out in a few weeks.

Average down if you can, but don't panic. This is directed towards others on this thread as I know your position and you know what it's all about. Remember I said in a previous post, someone may want to steal your shares. Has anyone on this thread been able to buy shares at 1/8 or have sold at 1/8?