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Pastimes : The Big Tex House of Coin -- Ignore unavailable to you. Want to Upgrade?


To: Jeff who wrote (1712)2/27/1999 7:09:00 PM
From: BigTex  Read Replies (1) | Respond to of 19297
 
why,I AM RIGHT HERE,ROTFLMAO
I kinda blew the call on VCAH,trying to be on the bottom
of the ladder cost us all.sob,sob....
OH WELL,THERE IS ALWAYS ANOTHER ONE.

GOOD CALL ON MRPS.EL STINKO ON THE Z'S.LOL

BREEZER MAN,WHERE ARE YOU?



To: Jeff who wrote (1712)2/28/1999 4:25:00 PM
From: Robert B.  Read Replies (1) | Respond to of 19297
 
Guys, Check out this message I received...

Robert-

MMs are supposed to mark to the market daily but net capital violations normally only
get tabulated at the end of the month. Basically it is a BD accounting for its short
position, the total value of the short position is subtracted from the net capital, and
additional funds must be deposited IMMEDIATELY to fill the variance. Basically it is
a margin call for BD's. If you have level II look at how the MMs played at the close on
Friday...they notched it down for about 10-15 mins right before the close looking for
shares, they couldn't get it....5 of them stacked up on the ask @ 1.25 they had to
cover!!! THIS IS VERY VERY VERY GOOD NEWS FOR THE
SHAREHOLDERS of MRPS!!! There are MMs lined all the way up to $2 right now
and word is that 10-12 major BDs have given verbal that they will retail the issue at $3
and above...meaning that if this deal is real we will see $5+ by the end of March!!!