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


To: Elio Madama who wrote (2996)10/1/1998 6:22:00 PM
From: Leroyt  Respond to of 9391
 
Elio,

What is it (exactly) that you think the MM's have done wrong. When we were at 0.14 and the stock was ALL buys (70%) on LARGE volume, it looked to me like something was screwy.

Now, as I look at trading, the trades are mixed with buys and sells. There was light trading today and someone started selling. You could look at the MM listing and see there was little support. Given the MM prices (and probably fears of getting STUCK) there is going to be LARGE fluctuations in the price of this security.

That is life in the BB market.

Finally, I don't know if the MM's have an accumulated short position. Could NOT say. That's what the company is checking into (from what I understand) but for the last 3 or 4 days the trading as looked relatively balanced from what I could tell.

I was GLAD to see the stock decline today since (give all the news) the stock looks more valuable today than it did two weeks ago. Today I was buying shares of BNEZ.

later, leroyt



To: Elio Madama who wrote (2996)10/1/1998 6:26:00 PM
From: Elio Madama  Respond to of 9391
 
For those who PM asking me where to send the complaints, here is the address: PLEASE DON'T SEND ANY COMPLAINTS UNTIL TOMORROW. LETS WAIT THE MM's ACTIONS.

======================================================================Our Email Address is: enforcement@sec.gov
Our Mailing Address is:

SEC Division of Enforcement
Enforcement Complaint Center
Mail Stop 8-4
450 Fifth Street, N.W.
Washington, D.C. 20549
Our Fax Number is:(202) 942-9618
Our Toll Free Number is: 1-800-SEC-0330

======================================================================

Elio