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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG) -- Ignore unavailable to you. Want to Upgrade?

To: James Kelso who wrote (18091)	2/25/1999 3:35:00 PM
From: Lee Walsh	Read Replies (1) \| Respond to of 44908

MM=Market Maker. They generally trade the stock in the opposite way you do. They sell first (to you when you buy) and buy back later...hopefully at a cheaper price. When you buy, you bet the price is going up...when they sell they bet the price is going down....since they control the market in a since, they generally have the upperhand. Unless the buying by the public gets out of hand, and there is more buying than they can handle, then you can get what's called a "short squeeze" They are in place to provide an orderly market...that usually is not the case. Lee

To: James Kelso who wrote (18091)	2/25/1999 3:50:00 PM
From: Robert B.	Read Replies (1) \| Respond to of 44908

MM = Market Maker. When you trade, they buy shares from you at the bid price and sell shares to you at the ask price. They make money by selling their shares at a higher price than they bought them. That is why you see a difference between the bid and ask price.. The share prices should rise and fall by supply and demand, but it doesn't always happen that way. Sometimes, when the MMs want shares at a cheap price, they will lower the bid and ask prices to make it look like selling is coming in hoping that shareholders will panic and sell their shares back to them. It's more complicated than that, but you have something to chew on now.