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Non-Tech : ECN Bogus Bids and offers, Manipulation BY MMs
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To: johnsto1 who wrote (86)7/25/1999 10:32:00 PM
From: pressboxjr   of 112
 
<<WHAT WOULD THIS TELL YOU AS TO HOW TO MAKE MONEY?(if LEHM was the underwriter and is on the bid wouldn't this mean they are buying and so should I?>>

johnsto1, IMO it tells me that he was not willing to let it drop below the opening IPO price and therefore was buying to keep the price up.

So far, it looks to me like LEHM is doing a very credible job. However, those tools like REDI, ISLD, etc are ridiculous.

Get em Anthony!!!!! Kick their tails!!

JR
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