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To: Americo Burgos III who wrote (16164)4/20/1999 9:48:00 AM
From: GSmithers  Read Replies (1) | Respond to of 40688
 
OTC market makers blow they can do what ever they want with this stock



To: Americo Burgos III who wrote (16164)4/20/1999 9:49:00 AM
From: fishwhipper  Read Replies (2) | Respond to of 40688
 
I am confused by all the MM talk. I know the idea behind them, but I have a hard time believing the fall is do to that. It seems too easy.

I do not know how to read charts, or level II or anything. I just want to ask this, could this be daytraders that got in on the way up and then set stop limits for a turnaround and now they are getting hit? Maybe that is MM, I don't know.

I have seen this a couple of times in my short trading career. The stock takes a run on the tail of the sector, then when the sector hiccups, the stock goes right back down.

Can the MMs really push the price down without sellers from the general public?

Sorry if those are stupid questions, I am still learning.

Long on PNLK for a long time, and not worried.



To: Americo Burgos III who wrote (16164)4/20/1999 9:51:00 AM
From: dstand  Read Replies (1) | Respond to of 40688
 
The best thing that could happen to the stock is to see the traders out for the most part and get back to the slow steady buying we had at the beginning of the runup. The drop at the opening may indicate the momentum players are staying away for now. Real buyers will be coming in as there is new exposure to the new site via the PR's and IBE tomorrow. Let the slow boring increases return. I loved it. Slept better. Digested my food better.

The internet stocks are turning back up a little. Too many people love them but they are scary. A toe in the water at first, then dive in. Maybe that will happen for us as well.

Good luck to all.

David



To: Americo Burgos III who wrote (16164)4/20/1999 10:06:00 AM
From: Warren A. Wilbur, Jr.  Read Replies (1) | Respond to of 40688
 
Morning folks. great UPS news, don't like the price action though.




To: Americo Burgos III who wrote (16164)4/20/1999 10:20:00 AM
From: Riz.  Read Replies (2) | Respond to of 40688
 
Any thought on todays price drop. What's happening?