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To: Leroyt who wrote (2875)9/16/1998 5:22:00 PM
From: Ignatz  Read Replies (1) | Respond to of 4230
 
Sorry to butt in but I'm going to anyway. I may be naive but is it that easy to have all the MM's work in concert to hold down a stock? I'm SLOG, and have been for a good while and hope to benefit from the impending squeeze, but still don't understand what all the MM's get out of holding down a certain stocks price. This is a legitimate question that I'm sure many are afraid to ask.



To: Leroyt who wrote (2875)9/17/1998 12:35:00 AM
From: Jim Johnson  Respond to of 4230
 
Leroy,

From what I've seen it looks like they raise it in a jump...get a few to sell, then do a sharp fast drop to shake out a few more...then settle back to about where it was. Each time they do this they shake out a little more. I think we are about ready for another spike. Just my opinion though.

Jim J


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