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


To: wd who wrote (6055)6/1/1998 7:42:00 PM
From: Mike Ankley  Read Replies (2) | Respond to of 11850
 
wd: Thanks for the lineup. The lineup from Friday is in the following link from wd:

Message 4648935

I notice that on Friday, most MMs had a guaranteed volumes of 25X25, only 2 or 3 of the MMs had 25x5. Now all have a 5x5 ratio. I'm still learning how to read these, but I believe that this means that last Friday only the 25x5 MMs (e.g. Hill) were hurting for shares. But now it appears as though they all are.

Looks like the MM well has run dry?

Sounds like a familiar scenario from over on 2 other Rocketeer rockets!

Cheers

Mike



To: wd who wrote (6055)6/1/1998 10:50:00 PM
From: Jim B  Read Replies (2) | Respond to of 11850
 
probably best if you DONT post the MM phone #'s.. there's no point
in anyone calling them... whether we like them or not.. we need
them to be able to work the trades.. not listening to investors cuss
them out.. which is probably what some people have done or want to
do...

talk to any CEO... he doesn't want pissed off MMs... they may be pissed at themselves for shorting a stock and not having enough sense
to cover in time.. but don't call the MMs and piss them off even
more.

jim



To: wd who wrote (6055)6/1/1998 10:56:00 PM
From: Citidude  Respond to of 11850
 
Would it be logical to suggest that by today's closing asks the MMs are not as desperate for shares tomorrow as they were today resulting in a smaller gap-up tomorrow or even a more "steady-as-she-goes" until news?

Chris