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Microcap & Penny Stocks : INFE ... Infocall another Sleeper -- Ignore unavailable to you. Want to Upgrade?


To: Dixie7777 who wrote (1025)5/27/1998 3:15:00 PM
From: macker  Read Replies (1) | Respond to of 10343
 
i told you what would happen in afternoon trading before lunch today, read that post again. the mm's are stuck and they know it, everybody should be proud of themselves today for holding, id be willing to bet a lot of the sells were between mm's to try to fake a sell off. they are in deep, and tomorrow the nightmare worsens.

macker



To: Dixie7777 who wrote (1025)5/27/1998 6:07:00 PM
From: LegalBeast  Read Replies (2) | Respond to of 10343
 
<<It's really interesting to watch as the MM's raise the bid with no volume. They must be really desperate for shares and pretty much in the know about what's coming.

Actually it appears that they're buying due to a large buy coming up. They've just upped the bid to 1 3/8ths.

Actually, starting to look as though some bonehead just put a limit order in to sell at 1 3/8ths. It was and they came up, UP to get them. Just went back to 5/16ths.>>

You know, that is the reason I made the suggestion that we all place limit orders at $20.00 ... At first it was in jest, but what would it do to the MMs to see 10MM shares sitting there at a sell price of $20? I am beginning to think it is not such a bad idea after all ...