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To: articwarrior who wrote (2700)9/18/1998 1:51:00 AM
From: David Sirk  Respond to of 7609
 
Actually there is more money to be made for the MM's when a stock is this low. Remember that .01 to .02 is a 100% increase. They feel confident that they can manipulate stocks in this range. It would be much harder to play games with a $20.00 stock. MM's play with naked shorts all the time in the BB world. It's not legal but they get away with it all the time. When you see a BB go from .02 to .60 cents in one day that is a short squeeze with the MM's getting beat at there own game. it is a beautiful thing to see, Does not happen often enough though that's why they keep up with naked shorting. They trade shares they don't have and make money.



To: articwarrior who wrote (2700)9/18/1998 3:29:00 PM
From: kennbill  Read Replies (1) | Respond to of 7609
 
What I was speaking to was the suggestion of MakeMoney how to run the stock up. The point I was trying to make is that IF the stock ran up (say to .10) with no fundamental support then it could be shorted back down. (ie, MM's selling at .10 and covering at .01-.02. Why one would short at .01 is also beyond me.