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Non-Tech : Market Makers; What They Do vs What We Want -- Ignore unavailable to you. Want to Upgrade?


To: Doug R who wrote (198)9/22/1998 5:24:00 PM
From: Leroyt  Read Replies (1) | Respond to of 207
 
I am looking for information on naked shorting by MM's.

I think BNEZ is having this type of problem even with the stock price moving up.

I want to know how to verify that it IS happending and
what can be done about it.

thanks for your help, leroyt



To: Doug R who wrote (198)9/25/1998 3:06:00 PM
From: Leroyt  Read Replies (2) | Respond to of 207
 
Doug R. or anyone,

The CEO of BNEZ (which I asked you about before) has recently stated that they will not be giving updated balance sheets to some of the market makers who have apparently been driving the stock price down.

Do you know about the regulations in this regard? I know I have read something about this before but can't find it now.

BTW, since we've spoken BNEZ has gone from 0.14 to 0.22 to 0.26 to 0.32 to 0.47 to 0.60 on five consecutive trading days. It does appear we've got the MM's in a pinch.

thanks and later, leroyt