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Microcap & Penny Stocks : EDII -- Ignore unavailable to you. Want to Upgrade?


To: Trooper who wrote (208)5/27/1998 4:15:00 PM
From: J. Ramsey  Read Replies (1) | Respond to of 2849
 
John, I think it must be the MM's setting this thing up...

They know news will be out soon so they wait for near end of day and hammer the bid ask down on minimal volume, picking up last of cheap shares. These are the worst MM's I have ever had to deal with.

Hope the news is worth all this BS...

Best of luck in the morning, Jim



To: Trooper who wrote (208)5/27/1998 4:21:00 PM
From: kennbill  Read Replies (1) | Respond to of 2849
 
John, you've been around enough to KNOW what the MM's are up to. They drop the bid at the close or sell a few hundred shares into the basement at the close to drop the price in the morning.

For anyone that cares to listen, mm's will take your stop loss orders and take your money. They will also price up your market buys and take your money.



To: Trooper who wrote (208)5/27/1998 4:23:00 PM
From: Currency  Respond to of 2849
 
Settle down, John. And no, not Betty Davis either. Just typical MMs playing tricks. I'm hearing there are 3MM shares shorted down and they need to cover badly. What would you do if you were in there seats? Just look at ICVI, another one I'm in heavy. It moved down, too. But, guess what? We're going long and these are going to make us very very happy.



To: Trooper who wrote (208)5/27/1998 8:10:00 PM
From: Jim B  Respond to of 2849
 
John... chill out man... also no one guaranteed news tomorrow on this
stock.. at least I don't remeber.. all I heard was news coming soon..

dont' you think the rumor (and confirmation from the company) of
having land 200 yards away from the largest oil/mineral find in 50
YEARS in the Western Hemisphere is worth waiting for details on??

also, if this was a scam.. I really wouldn't think that anyone would
come up with such an outrageous story..

anyway, what we're seeing is continued MM games.. as well as a mix
of people panic selling... just look at how this stock has traded.

Friday went from .14 to close at .26
Tuesday goes from .25 to .80(??) but closes around .59
Today goes from .56 down to .32 up to .57 back to close at .44
(I may be off on my figures slightly.. going by memory)

This clearly IS MM tricks... someone's trying to accumulate big time.
Of course this is my opinion.. and what do I know... but I own
as much EDII as I do ICVI... sure EDII might not be as big as ICVI
is gonna be... but one of these is bound to shoot up.. if not both..

I'm holding for better days and won't be selling my shares for these
crappy prices the MM's are trying to give us.

jim