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Microcap & Penny Stocks : Microphonics Inc. (mrps) -- Ignore unavailable to you. Want to Upgrade?


To: VINCENT MALGAPO who wrote (332)2/25/1999 12:04:00 PM
From: ChrisJP  Respond to of 8189
 
>> MAJOR MANIPULATION! <<

Not necessarily. Could just be that a large sell order was hanging over the market. Now that its gone, the pressure of that sale is no longer there and prices can go higher.

EDIT: I like the short covering theory more. That explains the block size and price movemenet better.

The good news is that the ask returned to normal.

Regards,
Chris