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


To: Fbk32 who wrote (5855)4/19/1999 12:50:00 PM
From: Seeker  Read Replies (2) | Respond to of 8189
 
MMs walking it down IMHO. Fri opening ask was 2.125. MMs walked it all around and we ended up at 2.125. If that pattern continues we should end min today at 2.50 which is opening ask. Check it out.

quote.yahoo.com

If this pattern continues I will start trading 1/4 to 1/2 of my position and play the game right along with them.

Mike



To: Fbk32 who wrote (5855)4/19/1999 12:52:00 PM
From: Jon Scott  Respond to of 8189
 
The mm's take advantage of slower volume to move it lower.
We all need to make money.
Buy, Buy, Buy- We know what the company is worth, they don't.



To: Fbk32 who wrote (5855)4/19/1999 12:52:00 PM
From: J Walter Jacobs  Read Replies (1) | Respond to of 8189
 
I think the MM's are short from the last move and need to cover their positions before they will let it run. Can't believe there is any major selling at this point with all the contracts in hand and in waiting. What's level II show?