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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 (204)9/27/1998 1:55:00 PM
From: Leroyt  Respond to of 207
 
Doug,

I am watching the trends closing. So far the activity keep accelerating and the MM repurchases have been more dramatic. (On Friday, at end Thursday 0.47x0.48 but first thing Friday morning, the BID went up ABOVE the ask to 0.55 for one or two MM's could pick up some shares). I actually have been adding slightly (1-2% of holdings) each day as the ascent continues. But don't worry, when the movement slows down I will probably lighten up some and have plenty of room to do that in. (Given I'm now up over 200% in the last week).

Thanks for your comments, I keep being certain the next day will be the slowdown but it hasn't happened yet.

thanks and later, leroyt