SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : GTCI - get in before the news hits -- Ignore unavailable to you. Want to Upgrade?


To: robbbbbbliterated98 who wrote (372)2/2/1999 9:32:00 PM
From: john michael winesette  Respond to of 1541
 
robert-i thought the same thing, so i passed along my questions/concerns to a couple of savvy traders....'painting the tape' is what i heard-lots of buys and apparent, or what should be actual, pressure on the price to move up, but the mm's sitting on it like a gorilla....eventually, this sort of manipulation should or ought to bring the market makers in the bulletin board world down-there is no true auction in these bb stocks...one the other hand, perhaps the true "market perception" of this company doesn't allow for a big gain on what seemed like a great news item to me...i'm banking on the potential of this little company from what i have been able to determine from this thread...did i hear somewhere..."the aol of china"...?? jmho



To: robbbbbbliterated98 who wrote (372)2/2/1999 10:24:00 PM
From: blessed  Read Replies (1) | Respond to of 1541
 
Rob,

You hit the nail on the head, and so I believe, did John Michael.

It does no good to build the best mousetrap in the world, if no one knows about it. As far as price appreciation is concerned, investor awareness is critical. Let's hope Wall St. Research Group, begins earning their money.

Regarding the trades today, its obvious the MM's are holding it back. Look at the trades between 13:16 and 13:23. 4 trades, all at ask, 18.5K shares, and they turn around and lower the bid, as if they had been sells. I think that demonstrates it best.

2 - 16:11 VT - 1.25000 -6,000
2 - 16:07 VT - 1.28125 -8,000
2 - 16:01 VT - 1.28125 -1,000
2 - 15:54 V - 1.28125 -1,500
2 - 15:53 V - 1.25000 -2,500
2 - 15:50 V - 1.28120 -1,000
2 - 15:50 V - 1.21875 -5,000
2 - 15:18 V - 1.28125 -1,500
2 - 14:38 V - 1.25000 -3,400
2 - 14:38 V - 1.21875 -3,000
2 - 14:25 V - 1.21875 - 700
2 - 14:06 Va - 1.28125 - 5
2 - 14:06 Vb - 1.21875 - 5
2 - 13:30 V - 1.31250 -1,000
2 - 13:29 V - 1.31250 -5,000
2 - 13:29 V - 1.25000 -7,500
2 - 13:28 V - 1.31250 -2,100
2 - 13:28 Va - 1.31250 - 5
2 - 13:28 Vb - 1.21875 - 5
2 - 13:25 V - 1.25000 -10,000
2 - 13:24 V - 1.25000 -1,000
2 - 13:23 Va - 1.31250 - 5
2 - 13:23 Vb - 1.18750 - 5
2 - 13:22 V - 1.31250 - 500
2 - 13:19 V - 1.31250 -3,000
2 - 13:17 V - 1.31250 -10,000
2 - 13:17 V - 1.31250 -5,000
2 - 13:16 Va - 1.31250 - 5
2 - 13:16 Vb - 1.25000 - 5
2 - 13:15 V - 1.31250 -10,000
2 - 12:49 V - 1.31000 -5,900
2 - 12:48 V - 1.31250 - 400
2 - 12:48 V - 1.31250 -1,000
2 - 12:48 V - 1.31250 -4,200
2 - 12:47 V - 1.25000 -12,000
2 - 12:40 Va - 1.31250 - 5
2 - 12:40 Vb - 1.18750 - 5
2 - 12:33 V - 1.37500 -9,000
2 - 12:31 VC - 1.31250 -9,000
2 - 12:29 V - 1.31250 -9,000
2 - 12:28 Va - 1.37500 - 5
2 - 12:28 Vb - 1.18750 - 5
2 - 12:28 V - 1.31250 -1,000
2 - 12:27 V - 1.25000 -2,000
2 - 12:11 V - 1.31250 -1,500
2 - 12:01 V - 1.28125 - 400
2 - 12:00 V - 1.25000 -1,500
2 - 12:00 Va - 1.31250 - 5
2 - 12:00 Vb - 1.18750 - 5
2 - 11:51 V - 1.25000 - 500
2 - 11:51 Va - 1.31250 - 5
2 - 11:51 Vb - 1.25000 - 5
2 - 11:50 V - 1.31250 -1,000
2 - 11:39 V - 1.25000 -2,200
2 - 11:39 V - 1.31250 -3,000
2 - 11:39 V - 1.31250 - 700
2 - 11:21 V - 1.25000 -1,500
2 - 11:21 V - 1.31250 -1,500
2 - 11:20 V - 1.25000 -6,300
2 - 11:20 V - 1.31250 -3,900
2 - 11:13 Va - 1.31250 - 5
2 - 11:13 Vb - 1.18750 - 5
2 - 10:26 V - 1.28125 -4,900
2 - 10:24 Va - 1.37500 - 5
2 - 10:24 Vb - 1.18750 - 5
2 - 10:23 V - 1.28125 -10,000
2 - 10:23 V - 1.31250 -9,500
2 - 10:13 V - 1.31250 - 500
2 - 10:00 V - 1.31250 -1,000
2 - 10:00 V - 1.31250 -1,000
2 - 09:58 V - 1.31250 - 700
2 - 09:57 V - 1.31250 - 100
2 - 09:57 V - 1.31250 - 500
2 - 09:53 V - 1.31250 -4,000
2 - 09:52 V - 1.31250 -4,000
2 - 09:41 V - 1.31250 -1,300
2 - 09:39 V - 1.18750 -1,000

V=Nasdaq
Vb=bid
Va=ask