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To: kathyh who wrote (7259)2/23/1999 2:48:00 PM
From: xbrent  Read Replies (2) | Respond to of 15987
 
Re MRPS MM activity. Whenever market makers are buying shares above the bid I intrepret that as a very bullish sign. The MM's frequently know whats coming for a stock. They talk to the companies and anyone else who might know about a stock. If they think that good things will be coming and that there is demand coming for the stock they will build their inventory regardless of price. So they buy at the ask or between the ask and the bid. Whenever I see that I usually buy the stock. And if I am selling and they take it at the ask, I consider rebuying immediately. They know something that I don't. There has been alot of demand for MRPS yesterday and today. The stock is likely to have good news in the future. I also suspect that various stock sheets will be covering the stock also.



To: kathyh who wrote (7259)2/23/1999 2:48:00 PM
From: Robert B.  Read Replies (1) | Respond to of 15987
 
Never mind, xbrent answered.