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The_radman

06/20/06 3:27 PM

#6376 RE: gooddoc #6375

Gooddoc the MM's don't need to move the stock price as the buyers and sellers determine that. If they have a mess of sellers they strengthen in behind the bid giving one the impression that there are a lot of buyers thus encouraging the fence sitter bidders to bite on the offer. Its akin to luring a fish by chumming the bait. I've never fished so I hope this term was correct.