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Microcap & Penny Stocks : TSIS: WHAT IS GOING ON? -- Ignore unavailable to you. Want to Upgrade?

To: gregor who wrote (3572)	8/27/1998 1:44:00 PM
From: jmt	Respond to of 6931

My intention was simply to make you think about your speculations. First you blame MM's rather than fundamentals. Then you assume the MM's can begin selling at .55, then in your words (stocks fall faster than they rise) most of the short sales would be in the .35 range. Then the MM's would cover when? They are speculating the price will stay below 35 for a long time to enable them to cover? This does not seem like a prudent strategy given the risk. If I missed the point concerning your "proven concepts", please elaborate how they work here. And predicting the timing of stock price movements is a fruitless exercise. How many years has the S&P index beaten the majority of proffesional fund managers??? jmt

To: gregor who wrote (3572)	8/27/1998 8:46:00 PM
From: RCJIII	Read Replies (1) \| Respond to of 6931

Shorting to .35. The MMs obviously are in complete control of the BB market. They can trade amongst themselves and thus create the illusion of big selling while they quickly drop the bid and ask. Its done everyday. Its not even illegal. MMs are in business to make money and they aren't satisfied just reaping the profit inherent in the large spreads they create between the bid and the ask. They also short massively when they need to frighten people into selling shares and then they buy into that panic. RCJIII