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Re: Heathbar post# 6368

Thursday, 03/08/2001 3:46:07 PM

Thursday, March 08, 2001 3:46:07 PM

Post# of 15369
I think Q4 will hurt due to current stock price. The market always knows what's coming.

I know people try to blame the market makers, but they do not have the ability to take a stock from point A to B on their own, the market forces thier hand so to speak.

The only thing they can do, and they do, is work the spread. The market dictates the general price, they make their money on the difference between bid and ask. If the stock is moving, they may be able to work the spread even more in their favor by exaggerating the movements, but the market is what is doing the moving.

Call me naive, that is the way I see it. At this point, the market is forecasting a wretched Q4 and a mediocre (at best) Q1! When the stock goes up, that is when those in the know are sure that manufacturing/production is on the horizon. What I can't stand is the waiting, and every time Richy Rich opens his mouth it removes all optimism with the harsh reality we are going to have to wait this out.

JMHO