SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!! -- Ignore unavailable to you. Want to Upgrade?


To: Ronaldo who wrote (5269)5/12/1998 11:37:00 AM
From: Secret_Agent_Man  Read Replies (2) | Respond to of 50264
 
Ronald, your rhetoric, is just that...I know they are short just like I know many things and yet Know nothing.. to expect a certain behavior shows little thought.

To try and fit a logical reason to the what and why's mm's do what they do defies logic itself.

I'm not going to get into a discussion but there is always a paper trail even when they go naked and they will prolong the inevitable and act unaccordingly as long as they can....

I assure you there is covering going on at the bid ask and in between.. the foot on the throat approach is common to stiffel
momemtum in BB's even in the face of great news...

I wrote a synopsis yesterday of what the volume is actually all about.. and looking at volume for the past "month" does not tell the story you need to go back to early January.

This did not all start last month as you may inconceivably be misleading people to think?

So what I need to get across to everyone is that although they are playing games this stock will be taken out of their hands "VERY SOON" and then we will get a fair deal...Until then we'll wait and NOT SELL!

The absolute best thing we can Do is BUY when we can and NOT SELL

I'm confident that after tomorrow night there will be a new wave of buyers still... and beyond there are Droves of buyers waiting in the wings waiting for some sort of "special" signal...so as I've been saying the days oif games in this arena are indeed numbered!

Co



To: Ronaldo who wrote (5269)5/12/1998 11:51:00 AM
From: LAWRENCE C.  Read Replies (1) | Respond to of 50264
 
Ronaldo,
I've also wondered how the MM's could be comfortable with a 1.5 MM share short position. And if they have to cover at the end of the month, the stock's activity didn't reflect that kind of a short position.
If I had that kind of a short position I wouldn't act the way they are either.
I also can't see them carrying millions of share in inventory. If they had the shares in inventory they would gain more by letting the price rise and selling them off slowly at a higher price and keeping the price high.
1,500,000 x every $1 rise in price above their cost would net them $1.5 million
1,500,000 x a $2 rise in price would net them $3.0 million
Therefore I can't see them having the shares in inventory. If they had the shares in inventory they would love a rise in price.

So how can some of the MM's get away with being short about 1.5 MM shares? It's a puzzle.
Lucky Lawrence