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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?


To: Jonathan Lebed who wrote (15697)5/7/1998 4:45:00 PM
From: Ron Wang  Respond to of 34592
 
I placed a market order when bid-ask was 1 1/16 - 1 1/2. I didn't get filled until five minutes later at 2 3/8. The MMs are on this one big time.



To: Jonathan Lebed who wrote (15697)5/7/1998 5:10:00 PM
From: Alan Coccio  Respond to of 34592
 
MSHI closed with a locked bid/ask at 2.875 so that takes care of the spread problem. <grin> Of the 64 trades, 59 were after the PSI posting.

There were only two trades posted when I placed a limit order but the MMs didn't bother filling it. Market orders really got a surprise as the price rose quickly and dramatically - almost doubled in 15 minutes.



To: Jonathan Lebed who wrote (15697)5/8/1998 8:10:00 AM
From: purecntry5  Respond to of 34592
 
Now ya got it! MSHI is an excellent pump and dump. The only problem is everyone is going to get screwed because the MM's have it hard on the leash. Moreso than most BB's, you need to sell into buying or they will drop the bid BIG TIME.

Good choice on MSHI. Should suck in enough to be a successful P&D.

ۇ



To: Jonathan Lebed who wrote (15697)5/8/1998 9:51:00 AM
From: Wayne Rumball  Respond to of 34592
 
MSHI - HA HA HA, 1.38/share, just wait for their next reverse split like in 1996, 14:1 and then management converted their own preferred shares to 11 million common, leaving the poor slobs who made the mistake in investing in this company with nothing.