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Microcap & Penny Stocks : ICVI (now MTEI) -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Lauder who wrote (2659)	5/25/1998 1:10:00 PM
From: Secret_Agent_Man	Read Replies (4) \| Respond to of 11850

Pat, they can let orders sit on the bb exchange as long as they want to especially the LARGE ones that are greater than the ask size or the bid size they don't have to fill anything and they can adjust the price up or down to make even those market orders get pushed around and YES we can Prevent them from walking the price down but there MUST be buyers there to keep this from happening..the problem is that there are so many weak hands that see any downtic they panic and start selling only to add fuel to the fire we saw this on friday as thoise that had made good profits tried to lock them in only to see the mm's Jerk the price down and cost the sellers considerable money. We at DGIV, are used to these tricks so we dont give them the opportunity to do this we just keep BUYING no matter what and I can tell ya that although I got in at .17 and .18 when I saw the huge shake out back down to .37 or so I bought another 86K between .45-.50 Now my avg is a bit higher but if they try to tank us again I'll just buy even more until they get tired! cause the Rocketeers Wont get tired, our network traverses the medical community in St.Louis, Boston, Lake Tahoe, California and Parts of Neveda as well as the greater Chicago area... There are more Rocketeers than they want to believe!

To: Patrick Lauder who wrote (2659)	5/25/1998 2:06:00 PM
From: macker	Read Replies (2) \| Respond to of 11850

dont forget mm's have safety nets as discussed on dgiv. they can put orders in to each other for 500 shares as safety nets and if those are at market they can fill it perfectly legal and keep playing the game. macker

To: Patrick Lauder who wrote (2659)	5/25/1998 5:46:00 PM
From: LegalBeast	Respond to of 11850

< I hope someone here will correct me, if the MM's lower the bid on Tuesday and lots of people put in market orders, those orders by law have to be filled on Tuesday. Therefore if no one is willing to sell the MM has to up the bid/ask until someone will sell the stock to be able to fill the market order. > Well, that is the way it is supposed to work and the reason there is sometimes a big gap between the bid and the ask. If the MMs did not play the shorting game, they would have no motive for the stock to go down, and in fact would be just as happy for supply and demand to dictate the spread .... but alas, that is not the case. By playing the game as they do, instead of folks thinking it is high enough for them to sell and allow the MMs a fair profit for their services, the MMs drop the bid and induce a panic sell-off which gets them the cover for their shorts ... FDR said it all: All we have to fear is fear itself! Now, a dose of reality: We may control 50 - 80% of the float, but when in the heat of battle, an alert trader can see what is happening, bail, and get back in 30 min later with a nice tidy profit in his pocket. As long as the new ask is lower than the previous bid, day traders will take home the bacon leaving the ham steak for MMs and the oink for us ... And there are always those folks that are scared of losing next month's rent money or Uncle Jarvis' operation money and will bail to save their ass only to cry foul when it goes back! Anyone have a solution?