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


To: GT who wrote (4780)6/11/1998 12:32:00 PM
From: HRH  Read Replies (1) | Respond to of 10343
 
Thank you, gorcon...BTW, I'm publicly posting so that others can learn also. Why then would the MMs want to slow down volume...isn't it that the more the action, the more money they can make?



To: GT who wrote (4780)6/11/1998 12:39:00 PM
From: Hyrulean King  Respond to of 10343
 
Good analysis gorcon...

The large spread IMO is to slow down the activity on the stock. They will tighten the spread to entice sellers who will pull the trigger quickly to make a profitable day trade and create sells in order to be able to walk the stock back down for accumulation or covering.

chief



To: GT who wrote (4780)6/11/1998 3:43:00 PM
From: Dixie7777  Respond to of 10343
 
Just as an aside, it appears that the MM's, just doing their jobs mind you, went pretty
deep here today at INFE for those ill-advised in BB stock, Stop-loss orders.

You can't blame anyone if we don't get the usual surge of buying when there is a
bargain. We did have buying mind you, but not the usual rush to be first. I believe the
MM's will hold us down as long as that condition prevails.

But for God's sake, please, PLEASE DO NOT USE STOP-LOSS ORDERS on BB
stocks. Dumbest thing anyone can do given the TOTAL lack of regulation of the MM in
these equities.

Rich