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To: William G. Murray who wrote (18305)6/4/1999 1:18:00 AM
From: zurdoRead Replies (1) of 27722
 
<<Does anyone have any idea why this mess of a stock dropped from over $10 to $9 in just a few minutes.>>
There is no news whatsoever from Navarre management, because Paulson apparently does not believe in issuing PRs....In the absence of good news....or any news...the MMs have a field day bringing the stock to its knees....In the absence of buyers (other than the MMs themselves) they can bring the stock down very easily by simply sitting on the ASK side...with a lousy 100 shares...like AMPM has done all week, IMO...and bringing it lower and lower as they buy from each other...at successively lower prices....That is what I see on the Level II screen....I don't even watch any more...It is so disgusting...IMO, nobody trusts the management, so there are. no outside buyers to stop the MM exercise....
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