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.
Technology Stocks : Advanced Engine Technologies (AENG) -- Ignore unavailable to you. Want to Upgrade?


To: M Murphey who wrote (182)5/19/1998 1:13:00 AM
From: Greg Cummings  Respond to of 3383
 
MM, I don't have access to a trading log, but you many be correct. IMO, the Market Makers probably don't have much inventory and aren't willing to short more than a few shares before they move out of the way. So, after a few shares of a buy order is filled, the MM moves out of the way, the stock goes higher, the next MM gets hit, and it starts over again.

With only 2.5 million shares in the float, there aren't that many shares available. I know of many average investors in this stock and approx 90% of them are still in. They don't want to risk missing out on a huge gain, even though they're sitting with a nice profit.

Once the results of the U of W tests are in, and they're positive, I expect AENG to have numerous companies at their door, ASAP. This is big, VERY BIG!

Best of Luck, Greg