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Microcap & Penny Stocks : NYRR,What is going on? -- Ignore unavailable to you. Want to Upgrade?


To: David Tobin who wrote (3075)6/5/1998 11:44:00 AM
From: jack w garnes jr.  Read Replies (1) | Respond to of 4304
 
Hi David,
Looks like the market makers are messing with it. The majority
of trades have been on the up tick... Every time they adjust
the ask...there are buyers. When you get into these penny stocks
market makers have a field day of course they have a field day
with all NASD stocks.... My recommendation is not to sell. I
believe that the merger is going to be approved...and it should
drive the price of the stock up. I made a recommendation on this thread to short ZONA...IT was worth 4 1/2 points...short term.
Have a good day... JG