Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : ICVI (now MTEI) -- Ignore unavailable to you. Want to Upgrade?

To: Cliff Daniel who wrote (2468)	5/24/1998 1:13:00 PM
From: Forest Gump	Respond to of 11850

Info. on MM's EXCELLENT READING stocks.miningco.com stocks.miningco.com Must Reads for Small Cap investors: smallcapinvestor.com smallcapinvestor.com mosl.sos.state.mo.us WOW, someone help me research theese links: smallcapinvestor.com I am finding more, stay tuned

To: Cliff Daniel who wrote (2468)	5/24/1998 1:15:00 PM
From: Mike Ankley	Respond to of 11850

Hi Cliff: Here's a couple links that have helped to explain the MM's to me. Hope they help. Note: the first one has already been found by Jim B. from this thread. www2.techstocks.com forbes.com Cheers Mike

To: Cliff Daniel who wrote (2468)	5/24/1998 1:53:00 PM
From: Just-a-thought	Read Replies (1) \| Respond to of 11850

Afternoon Cliff, Took this off another board: MM's and shorted stocks: Market makers (MMs) are dealers who are directly responsible for stock transaction. For example, I sell xxxx, MMs buy, and when you buy xxxx, MMs sells. MMs make the most money from the manipulation of OTC BB stocks, not the spread which has been limited by SEC. Only purpose of MMs is to make money, otherwise they don't want to market this type of stock if they can't make enough money. Basically, MMs want to buy at the low and sell at the high. One of MM tricks is to manipulate shareholders. For example, when they look at XYZ chart, they see XYZ has never run up more than a certain price per share, they believe that the stock price will be down soon, then they short the stock by selling the stock they don't have, because they have three days to settle (send the stock certificates to a transfer agent). However, they found the stock is so tight, they can't borrow anymore. Then they send one guy (they are hired by market makers, $2,000-4,000/month or more) to bash the stock hoping they can hammer down the price. I believe they show up here very often to bash the company and the stock! Hmmmmmmm????? If this is not working, and more people are buying, they have to cover their positions by buying more stocks back, then the price goes higher. .................ps.... hope this helps....more to come pvt jat ÿ