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


To: Andrew H who wrote (586)2/26/1999 3:16:00 PM
From: PK  Read Replies (1) | Respond to of 8189
 
ASK 1.187...going back up..eom



To: Andrew H who wrote (586)2/26/1999 3:26:00 PM
From: David C  Respond to of 8189
 
The MM were collecting all the shares in sell orders up to 1.5 so that they can sell them for 2.5 on Tuesday. There was not enough volume to merit the 1.5 spike today so we know that the MM artificially pushed it up for 3 seconds to get all the sell orders and sit on the shares till after the news on MOn or Tues. You can be assured no MMs sold this one with the fruits ahead. Only the week kneed investor with limit orders in and the conservative guy that is getting an ulcer because he is in a BB.
Good Luck and I can't wait till next week.
Dave