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Technology Stocks : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: jwk who wrote (27732)2/10/1999 11:39:00 AM
From: B.D.Bauden  Read Replies (3) | Respond to of 31646
 
jwk,

At this time two MMs, FAHN and DEAN, are holding court at 7 3/8. They seem to have an inexhaustible number of shares to sell (probably short). Their tactic is to stay at a price until there are no more buyers and then drop the ask. That way they can ride the stock down to where ever they want it.

These guys are a disease. The only cure for it is increased volume from investors willing to pay the ask price, thus making it too expensive for the MM's to play the short game.

The only way we will get the volume is if TAVA decides to do some public relations so that other investors will know about the company. Up until now the only thing the share holders have gotten from management was a few "thank you for your support" comments during the CC. Outstanding numbers alone are not going to do it. The last quarter was a blow out and the way things look this morning we will not even recover yesterdays losses.

BDB