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

To: C who wrote (584)2/26/1999 3:11:00 PM
From: christopher  Respond to of 8189
 
Easy, the MM's needed shares for their own inventory in anticipation of future runs therefore they ran up the ladder and grabbed all of the sell orders that were sitting there, they got 1/2 of my shares on that little spike up, they won't get the rest for some time now...a spike like that is often a good sign that the MM's need shares...IMO

Chris



To: C who wrote (584)2/26/1999 3:12:00 PM
From: Andrew H  Read Replies (2) | Respond to of 8189
 
Well, if the MMs had a few shares bought under 1 and could sell then for 1.25-1.5, that might be considered a logical explanation--if greed can be considered logical. LOL.


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