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Microcap & Penny Stocks : LINC - Plenum Communications (was PLNM) -- Ignore unavailable to you. Want to Upgrade?


To: cyberman who wrote (40)5/15/1998 12:31:00 PM
From: Andrew H  Read Replies (1) | Respond to of 837
 
PLNM is going to do very well. Today's volume and price increase will bring a lot of attention to the stock. Also, we got a lot of profit takers out of the way today. Bid and ask currently both above 2.

The MMs here appear to be playing lots of games. Like lowering both the bid and asked to 1 7/8 by 2 1/8 immediately after a buy of 10K at 2 1/4.

I suggest anyone who placed an order at 9:34 or earlier and paid more than 2.12 dispute the trade. You broker will tell you the time you placed the order. I successfully disputed mine and got a much better price. Not only are you likely to get your fill at a lower price, but it will let the MMs know they are being watched carefully and need to play by the rules.