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Microcap & Penny Stocks : MXNT >> MaxNet Inc. >> Undiscovered Web Portal >> MXNT -- Ignore unavailable to you. Want to Upgrade?

To: WEBNATURAL who wrote (996)5/18/1999 6:42:00 PM
From: Selfmade$  Respond to of 1125
 
Traderdan, MM's increased the gap between Bid and Ask, in order to keep the price from flying, and to keep Investors from getting in.

Weak hands will hesitate from getting in when they see a 1/4 of a point difference, usually they will wait for a tight gap before they get in.

Conclusion: MMs trying to keep new investors from getting in, so they can accumulate before its too late.

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