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Re: bigbizz post# 9517

Thursday, 06/14/2001 4:25:19 PM

Thursday, June 14, 2001 4:25:19 PM

Post# of 15369
Noticed earlier today all the trades were at the ask..then the MM LOWERED THE ASK!!! So lets see.. the market is willing to buy shares at .30 so lets drop the price??? At this stage in the game I would think all the shorts are covered..so the only reason to keep the price down is so the MM can buy shares cheap??? Can anyone tell me why a MM would lower the ask when all the trades were at the ask price?? Bigbizz