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Microcap & Penny Stocks : BANY: Core business growth, exciting affiliations! -- Ignore unavailable to you. Want to Upgrade?

To: dealmakr who wrote (3306)11/30/1998 10:35:00 PM
From: MKTBUZZ  Read Replies (1) | Respond to of 5847
 
Hi everyone,
Been lurking for a few weeks now. Lot's of story here. Now for some questions: I checked Anything's prices to other resellers on the web. I wasn't impressed. Opinion's on this? I like the idea of: AnythingBooks and AnythingCellular, seems like they are going to have a bit of everything.
I loaded up today. Volume and chart look sweet.



To: dealmakr who wrote (3306)12/1/1998 7:49:00 PM
From: Ron Harvey  Read Replies (1) | Respond to of 5847
 
<< Remember that to give liquidity to the trading they have to short to the buyers as the stock runs and balance the book by buying back lower.>>

With NYSE and ASE stocks, yes. But this is not the case with the so-called MM's who trade Nasdaq and BB stocks. They trade for their own accounts and have no obligation to either maintain liquidity or provide an orderly market. To refer to them as market makers is really a misnomer.


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