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.

Non-Tech : APCO Automobile Protection Company -- Ignore unavailable to you. Want to Upgrade?

To: Ken Reidy who wrote (3208)	3/16/1999 4:10:00 PM
From: ChrisJP	Read Replies (1) \| Respond to of 3351

Hi Ken, What happens is the MMs get the price down to a number that has a lot of stop losses. So when the bid hits it, it triggers the stop losses and the stock falls rapidly. Buyers (either watching or with buy orders) trade the bounce. With MTON, it happened on each dollar and it happened BIG TIME when it hit 12 1/2 a few days ago. So it got slammed down to 11 1/2, buyer came it and took it back into the 12's. You gotta be fast and be glued to a screen. Hope that helps. Chris