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

To: Joe Copia who wrote (2625)	3/7/1999 12:45:00 PM
From: Dave Gore	Read Replies (2) \| Respond to of 8189

INCIDENTALLY THE LAST TRADE OF $1.50 on Friday was a SELL (at the ASK). Yep. read on.... One of the large investors in MRPS called me this weekend and told me he put in a last minute "small "sell" order of 2,000 shares at the ASK, (not the bid) to test the mood of the MM's". Seemed they wanted some stock pretty bad so they paid him $1.50 (above the bid price of $1.43). It is something he says he does from time to time (it was only about 3% of his total position apparently) but spoke volumes to him. I thought it was interesting. Many don't realize you can sell at the ask and buy at the bid from time to time depending on whether the MM's want stock or not.