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Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed -- Ignore unavailable to you. Want to Upgrade?

To: KC650 who wrote (2405)	6/20/1998 6:40:00 PM
From: lazarre	Respond to of 11684

They are, indeed, incredible vines. There are also varieties whose growing behavior is more tree like. I planted my first wisteria 4 years ago. The first 2 years yielded no blooms; last spring there was a small smattering and this year's display was positively stunning. There are 2 varieties available: Chinese and Japanese. Difference? One grows easterly, the other in a westward direction. I like a jungle like garden; couldn't imagine pruning mine at all. ******ON TOPIC************ Folks; worth reviewing again the following part of a recent post: <<<< when there is a sustained upward movement in a stock, the MM's get nervous. If it goes on, it means the MM's will have to cover their position in the regular way, and at a loss. And the loss could be substantial. How many bid/asked spreads does an MM have to scalp to cover one $.50 misjudgment? Some of the MM's in are nervous right now. An MM short position against the stock has been building all week. Over the last couple of days, major real world interest has been coming into . MM's have cavalierly filled the orders, thinking they'd always get a chance to cover around a dollar or below. That chance hasn't come, and it won't. So now, to trim their losses, MM's are playing games trying to jack up prices when buying interest is strong, and then lowering them when demand dies down. First the bid falls, and stockholders get nervous. Eventually, the MM's feel strong enough to take down the asked as well, because nobody is buying the stock. Then they lower the bid some more. If they can get you rattled, they can pick up some low-priced shares to sell when the demand is stronger. Not a bad business--buy at $1.26 at the close, sell at $1.40 at the open the next day. MM's are like you -- they want to maximize their profits. Like you, they want to make more than what they can scalp off the bid/asked spread. Here in PennyLand, the big pops that the players all think they want give them ample opportunity to sell at the top and buy at the bottom. That's why we have emphasized a buy and hold strategy from the start. This company is not Instant Nothing, so you don't have to play into the hands of the MM's by trying to get your profits in an instant. Real world news and buying will break the squeeze on . It's not up to you--investors are coming in from elsewhere. All you have to do is hold. Or, as my friend has reminded us so many times, add to your position on dips. When you see the ask lying there at a level that makes you uncomfortable, if you have some cash, pick up another _____ shares -- and hold them, too, for a good long while. Everybody wants to know how they did it on **. Well, this is how they did it. All you need is a real company with real products, real prospects, real news and real investors, and success is sure.">>>> L