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


To: GlenRP who wrote (632)5/19/1999 9:22:00 AM
From: paper man  Read Replies (2) | Respond to of 1834
 
GlenRp. The idea about calling certs on big news is that it forces a sqeeze, a furious one at that, and allows the stock to sustain itself until your certs arrive. depending on who decides to contnue to hold their certs will be equall to how well the price holds.

REMEMBER. If noone sells, the MMs would be crazy to naked short the stock as they would face the buying pressure again as long as the cert holders didnt dump into the naked short.

The snowball effect after more news would drive the stock through the roof until we cert holders offered liquidity through selling.

good lcuk

ps. with this 5 cent spread and very little action at .19 yesterday, i bet MM pulls up shop at .19 and we close today at .25 x .30? and so on and so on until they find liquidity at a particular bid price...