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Microcap & Penny Stocks : ROTI - Harvest Restaurant Group Inc -- Ignore unavailable to you. Want to Upgrade?


To: rrufff who wrote (592)9/28/1998 5:11:00 PM
From: rrufff  Read Replies (1) | Respond to of 1702
 
Although I have put in orders to buy between the bid and ask for the past week, the MM did not change the quote, even though my bid was better than the listed one. I know they don't have to do this.

However, the fact that I have not gotten filled leads me to believe that the MM is basically trying to scare up stock to accumulate and this is a good sign. Subject to the caveats in my previous listing.

If I had gotten filled, the MM would have been dumping stock and even though I would have had more, it might have meant that the MM knew something was bad and was dumping this like a hot potato.

What does all this mean?

I'm going to keep trying to buy more but not at the inflated spread prices. I certainly wouldn't dump stock now. Not a lot to lose and there is a chance, hopefully a good chance, that this will be at a multiple of its current price soon.



To: rrufff who wrote (592)9/28/1998 5:11:00 PM
From: T. Peirce Baker  Read Replies (1) | Respond to of 1702
 
what points of contention could be left on thid deal? gee wiz we have seen details on filings with the sec. should I get (more) nervous?