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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: spy hard who wrote (14461)	4/14/1999 10:54:00 AM
From: makin_dough99	Read Replies (1) \| Respond to of 25711

Listen up now - when an MM has an unlimited (almost) supply from a MAJOR seller he wants out - otherwise the seller will go to a different MM. Got it. It's called "pancaking" - keeping the stock at a certain level, selling as much as possible, then moving it back down and then buying the stock from the seller as cheap as the MM can, called "backfilling". You think with news like this out and a .30 cent stock the MMs are going to short millions - NOT !!!!!!!! Enough education for one day. And the stock would be $2 - $3 already except for the SELLER, not shorts.