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


To: Craig K who wrote (367)2/25/1999 3:06:00 PM
From: Andrew H  Read Replies (1) | Respond to of 8189
 
I understand why they like to keep the price down. What I don't understand is how they can cover their short position at a price significantly below the bid. No one has yet explained that. They have to get that stock from somewhere and I don't understand why someone would be selling them 262K shares at 10% below the bid.