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Microcap & Penny Stocks : ADGI - American Diversified Group -- Ignore unavailable to you. Want to Upgrade?

To: Mandinga who wrote (7577)	1/29/1999 12:09:00 PM
From: Hubert Few	Read Replies (1) \| Respond to of 9569

Yes, it's shaping up nicely! A statement by someone else on another thread makes a heck of alot of sense....here's the gist of it. If you place GTC sell orders considerably higher than what the current bid price is, the MM's can gauge the levels at which they can control the price, knowing what the sell responses will be. Maybe not that profound, but worth considering....why should you tip your hand to them. Sooooo, I cancelled a couple of open orders I had in several penny stocks, thinking I can always place them in a timely manner if needed! Happy Trading!