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


To: Devil's Advocate who wrote (3408)6/4/1998 4:23:00 PM
From: RBM  Read Replies (1) | Respond to of 10343
 
MM's have some serious deep pockets, I wouldn't worry about bankrupting them.... They will have to cover. Remember that penny stock market fraud associate with Market Makers is a Multi BILLION dollar industry... thats right, last year I think they calculated it at 6.6 BILLION...

Chew on them apples and tell me you feel bad for these jerks..

Rob



To: Devil's Advocate who wrote (3408)6/4/1998 4:28:00 PM
From: MARK C.  Read Replies (1) | Respond to of 10343
 
Then the sec steps in makes them pay out of pocket their short amounts and then since they are market makers in this stock they will have to raise the bid and ask to gather shares for their inventories so that they will be able to make a market again. To do this they will have to raise the bid and ask high enough to induce selling at which point they will become the first buyers. After they have accumulated enough inventory they will raise the bid and ask some more so that they can sell those shares at a profit. Then they will start this whole routine over again because that is what they do. By holding and not selling we in a way have a say as to how high they must make the market in the near term. ( much much higher ) MARK C.