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Microcap & Penny Stocks : MISM: Franchising for the Future (The Future is Now) -- Ignore unavailable to you. Want to Upgrade?

To: BobH who wrote (653)	7/13/1998 4:45:00 PM
From: Ned Land	Respond to of 1072

That's an interesting question Bob: For example, I know a guy here at work has an order in for a load of shares at 13.5 cents. Let's say the price goes down and he get's his order filled... Who's filling it? My guess is that the person filling it has a cost below 13.5 cents, that is they're still making money by selling it a that price. There are only a few people in this situation, and they're at a distinct advantage to you and I.

To: BobH who wrote (653)	7/13/1998 7:34:00 PM
From: Leroyt	Read Replies (1) \| Respond to of 1072

Bob, Given when you first bought MIS.V, you've been around for a while with MISM. Generally speaking, all traded shares pass through at least one market maker. The MM buys shares at one price and sells them at another. The difference is generally the difference between the bid and the ask. For MIS today: Bid = 0.15 and Ask = 0.18. This is a rather large spread which generally discourage Daytraders. Unless, MM's want to accumulate stock they're going to want to identify a buyer and seller. Which is not always the case which means they can get caught holding stock. If you want to see 15-minute delayed trades on MISM, check out this site:http://fast.quote.com/fq/quotecom/livechart?symbols=BB:MISM From today, there were the following trades: 1. Buy of 1k shares at 0.18 (double printed) 2. Buy of 4.9k shares at 0.18 (double printed) 3. Buy of 4.2k shares at 0.18 (single printed) 4. Sell of 5k shares at 0.15 (double printed) Order imbalance for today: 10.1k buys at 0.18 and 5k sells at 0.15. Since many trades are double counted, the total shares traded generally exceeds the actual number of shares traded by a lot. Today's numbers are easy to look at because there was so little action. Also, check out the SI thread on Market Makers. Subject 14572 later and good luck, leroyt

To: BobH who wrote (653)	7/15/1998 1:39:00 PM
From: VINCENT MALGAPO	Read Replies (1) \| Respond to of 1072

Bob, Was your friend at work able to pick up shares today?? I noticed that the bid is now 0.13 Let's see if it goes lower. Vince