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


To: dale berman who wrote (6212)4/23/1999 12:18:00 PM
From: JAMES LEE BLAND  Read Replies (1) | Respond to of 8189
 
You are correct. MM's were able to stay even until the large blocks at 2.75. That put them short so they started dropping the price to pick up cheap shares to get back even quicker. If you notice selling did not cause the price to drop, but instead it was the drop in price that caused the selling. If this is true they (MM's) will soon catch up and we should move forward again.

REGARDS, JIM