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

To: Dave Gore who wrote (2635)	3/7/1999 1:11:00 PM
From: hoffy	Respond to of 8189

Dave. Sometimes I do that too just to see what the market makers are thinking. I'll put in a sell order at the ask or maybe even a little above it and see if it gets taken by the MM's. When it does it is usually a very good sign that they MM's want shares because they know the stock is going up. They can see the buy and sell orders coming in and they know where the stock will go at least in the short term. MRPS will probably gap up an 1/8 or maybe more on Monday and get back to the low 2's. Then it depends on news. On any announcment this week I bet we get past the old high set a week ago of 2 3/4. The sellers are gone now on the latest dip and any buying will send this up pretty fast. For the record I bought more on Friday and plan on selling it when it gets well into the 2's. I still own 10,000 shares in my non trading portfolio and will do so for a very long time.