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


To: paper man who wrote (860)5/26/1999 9:28:00 AM
From: Mr. Jens Tingleff  Read Replies (1) | Respond to of 1834
 
We must not forget that some "extra" holders were attracted by promotion - some more impatient than others - and all it needs to stay on b/a during a couple of hours is that the trading b/a is split on more than one MM - thus they did not see the trend immediately.
Still the volume yesterday was not high - so no bells ringing - traders focused on some of the many high movers - nervous about reaction from DOW correction rumors/ideas - High movers is where they have the largest risk of getting hurt.

I do consider LONE yesterday in a normal behavior - maybe a very small "oops" has been expressed in front of the traders screen. Also as it took a while to react, the MM's isn't anymore as nervous about LONE as they may have been earlier.

My firm believe - MM's havent got the time to play sinister games, No time to sleep either :-)
Of course they do have measures when they are in pressed situations, but the shorting story from the MM of late eighties going around here on SI, IMO is not as valid anymore - computer systems does develop every day, and first objective always to improve security, quality and quantity. Avoid getting in a pressed situation is high priority in the development.

As you say - no reason to get further in discussion - a lot of futile posts may be the outcome ;-)

I'm ready here with cash as opportunity calls :)

Kr
Jens