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

To: falcon74 who wrote (5013)	5/30/1998 1:23:00 AM
From: Lee Walsh	Read Replies (3) \| Respond to of 11850

MUST READ ABOUT MM TACTICS!! AND NAKED SHORTING I posted this on the INFE thread, and It applies here too, so I thought I'd post it here.... Just my Observations.. I've been watching INFE and ICVI all week on Level II, and they've been naked shorting a BUNCH!!....Buys outnumbering sells probably 4-5 to 1....They don't have the stock...Most MM think buying like this in BB stocks lasts for a couple days, and then folds. Then, it's easy for them to work out the weak hands by scare tactics and walking the price back down. What they don't know is, they are working against a tightly knit group of organized folks!! But and READ THIS: I AM SEEING SIGNS THIS AFTERNOON (IN BOTH ICVI AND INFE) THAT THEY ARE ABOUT TO REALIZE THEY ARE DOGMEAT!!! AN Example: In ICVI HILL led the charge the last hour of the rise...he kept raising the bid .68 .70 .72 .74 .75 .77 .80 and so on. All the other MM's were at .65-- ALL OF THEM....waiting and watching how many people "hit HILLS bid" Very few did!!! Then, after about 10 minutes of this action, they all decided to JOIN IN!! I can just see their MOUTHS hanging open!!! "Why isn't anyone selling????" They ask....then they all said "Oh Sxxt" I think it's all over folks!!! Just hold on...Buy more if you can....The MM's will FUEL the fire for us next week with "THEIR BUYING" Go look at KTEL Chart...That stock has been heavily shorted for YEARS!! LOOK WHAT A BUNCH OF SHORTCOVERING CAN DO FOR US!!! WE HAVE THEM OVER THE BARREL....I DON'T THINK THEY WILL GIVE UP WITHOUT A FIGHT, BUT IT'S THE 11TH ROUND OF A 12 ROUNDER, AND THEY'RE HURTING BAD!! MHO!! LEE