Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : ProNetLink...PNLK...Click here to enter -- Ignore unavailable to you. Want to Upgrade?

To: Malko who wrote (960)	8/14/1998 4:00:00 PM
From: ztect	Read Replies (1) \| Respond to of 40688

Malko: IMO I think you hit it on the head...that these are trades between MMs. Now the question is why? Are they trying to stir interest in the share price by creating artificial volume by churning shares? Is this in conjunction with interest they think will be generated by p2 release? Who knows? Who knows if there is any rational to any of this volume? BB trading, in general, is weird! z

To: Malko who wrote (960)	8/14/1998 4:11:00 PM
From: Sai P. yandamuri	Read Replies (3) \| Respond to of 40688

Sometimes MMs do these tricks to create disinterest in buyers. For eg., If there is a buyer out there for 50K shares, MMs job is to catch the trade and if an MM does not have enough shares he will short sell 50k shares and give those to buyer. In other words, both buy & sell of 50k shares took place and hence no movement in the stock price. MMs would love to do these tricks on stocks that have considerable short position(s) and also by doing trades like these, they feel that they can buy back shares at cheaper prices. Their oblective is to EXECUTE a trade in whatever manner they can. This way MMs keep shorting the stock to execute the buy trades. However , If buying interest increases, they will have no other go but to cover the shares they shorted so far. That's why we see HUGE RUNUPs all of a suuden, especially true with stocks that have high short positions.