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Microcap & Penny Stocks : TFRY (was FRYA) Tasty Fries, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: ed doell who wrote (1558)9/16/1998 9:45:00 AM
From: Joe Griffin  Read Replies (1) | Respond to of 2405
 
ed... for certain, it is no picnic... unless they rise rapidly! The MM accumulate the stock at low prices (e.g.$0.45) and sell into the good news. Then short at the top (e.g.$1.30) and let it fall back to $0.80 where they buy it back again , making money in both directions... all under his contol! They do this over and over and...over again. Its perfectly legal, because the SEC has given them that power.

Its a great racquet. I wish we could have all of the information and control they had. They are making the fortune. We can only guess at their entry and exit points.