Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : DCI Telecommunications - DCTC Today -- Ignore unavailable to you. Want to Upgrade?

To: Baldwin who wrote (14387)	2/27/1999 5:37:00 PM
From: Toni Wheeler	Read Replies (1) \| Respond to of 19331

B... It's a "New Subject" here on SI: Subject 26211 Eerie, huh? ~T.

To: Baldwin who wrote (14387)	2/27/1999 6:40:00 PM
From: grw5	Respond to of 19331

Baldwin, Toni already posted the link, but I would add this comment. Elminster's view of stock manipulation seems oversimplified, naive, and badly flawed. For example: You see, what I do is coax the market markers to lower the price when they see my big stop loss order, as the price declines my order to buy more shares gets filled, then I quickly cancel my stop loss order, subsequently fooling the market makers. Trying to beat MMs is very foolish. I think that even the dumbest MMs are smart enough to fill the stop loss before filling the higher limit order, especially if it was coming from the same source. And although small floats can be manipulated, with large floats front running accumulation is more apt to go unnoticed by novice traders and the naysayers can use the "rev. split" scare to drive the price down. Don't get me wrong. I think warning newbies is a good thing, but if someone wants to do it they ought to explain that pennysharks are not nearly so obvious and that there are a number of other tactics used besides this simplistic approach.(which happens to be highly illegal, too) Best of luck, George