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Microcap & Penny Stocks : LifeOne, Inc. (LONE) -- Ignore unavailable to you. Want to Upgrade?

To: GlenRP who wrote (631)	5/19/1999 9:09:00 AM
From: paper man	Respond to of 1834

GlenRp. Its sort of 50/50. In a stock like this currently, the MMs have bet it to its grave. they are probably very naturally short (fulfilled few ask side trades). calling certs today may not have a big effect. calling certs when there is serious news, would slam em. I have always called the majority of my certs when purchased. I wont stand to buy something and see it single reported. double means that you rbroker truly went into the market, and triple reporting for a trade means that broker went to MM and MM went to either the wharehouse or anothwer MM for the actuall position. When i bought 7000 shares yesterday morning at .24... My broker probably figure he already has 40,000+ sittin here, why should we go get 7000 more (they are betting against my gain). I should have seen 14,000 go off for my 7000 buy. So, someone is naturally short my 7000. Now, my broker could have went out to the MM for the shares and the MM could be the one that held my 7 till later in the day and aqured them eventually, or the MM could have printed a bid trade ( sold 7000 ) to offset my buy ( balance books ) either way, some party will have to belly up for those 7000 if they did not fulfill them. example: Lets say the stock does not trade today at all. And lets say the above scenario is in play. At noon I go to sell my 7000 at .19. We would see 7000 or 14000 bought at .23, then we would see my 7000 sold at .19, for a total volume of 21000. Now as for TK. If he is a MM in cannada and can Make Market on US OTC BB, then he can print his own naked sells ( naked short) and reflectthat on his books as gain. He cannot do his own trading, he can call down to the MMs on this stock and buy and sell all mthe direct Mm shares he wants. Buy 10000, sell 10000. price goed nowhere.!! good luck