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Microcap & Penny Stocks : Trim a Lawn - (TLWN) -- Ignore unavailable to you. Want to Upgrade?

To: bmatsuura who wrote (1053)	4/29/1999 3:11:00 PM
From: Dave Gore	Read Replies (2) \| Respond to of 1522

Already explained, my friend, that MM's will go short and try to wait us out. They know there are a lots of daytraders out there, and often MM's will not become "Friendly" on a stock until one of two things happen: (1) They have suckered enough people into selling over the last few weeks or months and are now ready to run it. This is what happened to WLGS: ran from 20 cents to $4.00 after sitting around 20 -30 cents for months. Ditto on FTRK.... they used some news to run it from 25 cents to $1-3/8 yesterday. That was odd because with about 10 other PR's that were almost equally powerful in the past few months they "walked down the bid" and it was stuck in the 18-30 cent range for months. (2) They want to make sure that most of us are for real investors in TLWN. If they can panic out some of us by playing games (i.e "walking down the bid") they will do it and get even more shares, before they run it. If we hold and not hype a stock, they will likely let go at some point and play fair....patience is the key. I have Level 2 and can see every action the MM's in a stock take and the games they play. On MRPS, for example, one day not long ago, I saw them lower the bid, but not the ask, even though there was lots of BUYING going on. Those who are NOT using Level 2 naturally did not see all the buying and assumed the bid was going down because there was SELLING. The MM's managed to panic some people out who sold at the low of the day (then $1.59 - $1.68). Of course now the stock is over $3.00 and going to over $10 within a few weeks or months, imo. The point is the MM's will take advantage of us, and that means holding stocks back or "Walking down the bid" and it also means running them up fast, and suckering people in buying at ridiculously high levels too. Hold or buy more here....I think this is one of the safest bets and if it takes a few days or weeks to double or triple.... who cares! We all need to exercise a little more patience and stop looking for the big kill. Rather than putting $2,000 in a very risky stock that could go up big or drop big.... why not put $5,000 in a surer bet like TWLN or MRPS or WINR or SETO or RDIM or......you know, stocks that are real and have dropped down to really attractive levels. That's my advice for what's it worth.