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Microcap & Penny Stocks : MDMI - Italian Bakery Extraordinaire! -- Ignore unavailable to you. Want to Upgrade?


To: Marc Stager who wrote (889)7/2/1998 12:38:00 PM
From: Marc Stager  Read Replies (1) | Respond to of 3584
 
I can't believe these market makers.

Yesterday 94,200 shares were bought at the ask,
at .12 or .13. Only 30,000 sold. That's better than a
3 to 1 buy/sell ratio, and today MDMI opened with a bid
of .07 ask .11 and immediately 10,000 shares went at .11.

The day before there was srong buying at .13 and .14, yet the
bid/ask was dropped. Buying outnumbered selling by about 2 to 1

Just now (12:30 PM EDT) the b/a moved to .08/.12, but trading has
all but stopped with this mindless spread.

If you're an MDMI market maker and you are reading this:
YOU'LL MAKE A LOT MORE MONEY BY LETTING THIS STOCK RISE
NATURALLY THAN BY KEEPING IT DOWN WITH YOUR STIFLING MANIPULATION.

______________________________________________________________ Marc Stager