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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: TechTrader42 who wrote (8443)7/14/1998 9:18:00 PM
From: Joseph J. Valenzuela  Read Replies (2) | Respond to of 12039
 
Doesn't the spread between the bid and the ask seem prohibitive for the penny stocks? Percentage-wise, I always feel as though I'm starting from behind. How do you all mediate this?



To: TechTrader42 who wrote (8443)7/14/1998 9:55:00 PM
From: Daniel Miller  Read Replies (1) | Respond to of 12039
 
Well, i think the MM's are trying to make themselves a 10 bagger. They are trying to make sure all the people who buy in have to buy real high and all who sell the MM's get real cheap. MM's are trying to keep all who are in to stay in and all not in away. They want as many shares as they can get. IMO. Yes greediness turns into losses. Sometimes huge wins though. I just don't have that kind of risk tolerance I guess.


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