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To: David Cal who wrote (2557)5/8/1998 10:15:00 AM
From: wmj  Respond to of 8242
 
David Cal is back with another excellent choice of words.



To: David Cal who wrote (2557)5/8/1998 10:15:00 AM
From: Keith Sprague  Respond to of 8242
 
Market Makers have probably spotted some limit orders at 3.5. I bet the stock will be back to 4 by the end of the day. From my experience, this is not that unusual with a BB stock. The MM's tank the bid on light volume, and scare people into selling on the way down, and pick up some more shares via limit orders. Good luck getting a fill on the way back up!!

Keith



To: David Cal who wrote (2557)5/8/1998 10:17:00 AM
From: Dixie7777  Respond to of 8242
 
nNo news, just the MM's trying to find the bottom to the short term emotions. Great buying op.

they are going down for all the "stop loss" orders that they can see on their screen that you can't.

Rich



To: David Cal who wrote (2557)5/8/1998 10:18:00 AM
From: Rudy  Read Replies (4) | Respond to of 8242
 
>Shit, the stock is tanking!<

Yep someone dumping smartly! 2000 shares on the bid, 100 shares on the ask, 5000 shares on the bid, 300 shares on the ask. Crap. With all these hypsters and overoptimistic people smoke will never clear.
Darnnn...