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Microcap & Penny Stocks : Ben Ezra Weinstein (BNEZ) -- Ignore unavailable to you. Want to Upgrade?


To: Michael Harb who wrote (2929)10/1/1998 1:47:00 PM
From: Ellen  Read Replies (1) | Respond to of 9391
 
Oh - just looked that way when I last looked at the quote.

Some games, some not...? I do understand what you are saying about the dependence on what is pending. But we know the MM's do play their games.

I have not said, and don't think, where we are today is solely due to the MM's. There are traders who are selling. No doubt. There always are.

After all the furor of the past days, it isn't surprising (to me) at all that things are much quieter now. That's just how it always goes..



To: Michael Harb who wrote (2929)10/1/1998 2:02:00 PM
From: Richard Rose  Respond to of 9391
 
Hit the nail on the head Michael



To: Michael Harb who wrote (2929)10/1/1998 2:04:00 PM
From: dennis1  Read Replies (2) | Respond to of 9391
 
I agree with you 100% Mike. Whenever a penny stock is dropping everyone
always blames the 'MM GAMES', which is getting a little tiring to hear. Even the
hypsters (not intended for anyone on this thread) will blame the MM's when in
reality they may be selling and want you to hold YOURS so they can make a
couple cents.
The market makers are exactly that - they make the market based on SUPPLY
and DEMAND and the prices will reflect that. The market maker FOLLOWS the
market - he doesn't lead. The MM will make his money if the price is 50 cents
or 50 dollars - it doesn't matter. So please lets not blind ourselves and instantly
blame MM's for a stocks' price(up or down).

Dennis



To: Michael Harb who wrote (2929)10/1/1998 2:34:00 PM
From: RavenCrazy  Respond to of 9391
 
Thank you, Michael,

for an intelligent post. That's one of the conflicts in bbs. When they are on a run (which this should have been recognized as), it's a hell of a lot of fun and everyone loves everyone. But wow, does it change when they come back down. If we didn't have MMs, we'd still have the boogeyman.

Good luck, all. Do remember that the bear has the market by the tail today. Maybe tomorrow we won't watch the Dow slide on the corner of the tv screen while Robert Rubin is speaking.

Raven