WOW! Look at this Time and Sales report for the week. Are the MM's still going short? Not as horrendous as it was at some points in the past but still there. I think it may turn soon, but we will have to see. Certainly the price deserves to be much higher based on true time and sales data. This should be a 75 cent stock at least, imo, if we had electronic trading without MM's. More research coming if I have time.
Still waiting for yesterday's report which I suspect did show more selling than buying
WEEK OF NOV 3 - NOV 8, 1999
S=Shares Bought by Investors* 525,477
B=Shares Sold by Investors* 219,451
Difference between shares bought and sold 306,026
# of Investors Selling Executions 24
# of Investors Buying Executions 74
Average Order Buy Size 7,101
Average Order Sell Size 9,144
* Remember this report shows Buys (B) and Sells (S)
from the Market Makers perspective.
Share price open on Nov 3 0.25
Share price close on Nov 8 0.22
CONCLUSION: improper Market Making trading
11/3/99 9:31:33 S 1,000 0.25
9:32:11 S 4,000 0.25
9:35:20 S 2,800 0.25
11:06:26 S 2,000 0.26
11:28:26 B 2,500 0.23
11:54:28 S 2,500 0.26
13:02:38 S 2,000 0.26
14:33:39 B 430 0.235
15:10:54 S 2,000 0.26
15:11:13 S 18,000 0.26
15:11:20 S 18,000 0.26
15:12:26 S 20,000 0.25
15:13:56 S 5,577 0.26
15:14:14 S 7,500 0.26
15:45:09 S 10,000 0.235
15:45:09 S 6,000 0.25
15:46:31 S 10,000 0.25
15:46:46 S 9,000 0.24
15:47:23 S 9,000 0.25
15:51:20 S 5,000 0.25
15:54:22 S 5,000 0.23
16:00:50 B 35,000 0.225
S=Shares Bought by Investors 139,377
B=Shares Sold by Investors 37,930
Open price
Close price
11/4/99 9:32:57 S 4,000 0.25
9:34:43 S 2,000 0.25
9:40:31 S 1,000 0.25
9:43:57 S 500 0.28
10:11:31 B 500 0.23
10:26:57 B 2,600 0.23
11:31:53 B 2,000 0.23
11:48:17 S 1,000 0.26
13:26:15 S 10,000 0.26
15:54:50 S 10,000 0.23
15:56:48 S 10,000 0.25
15:58:26 S 10,000 0.23
15:58:40 S 5,000 0.25
16:02:59 S 4,000 0.25
16:05:36 S 17,600 0.24
16:23:17 S 1,000 0.25
16:24:02 B 37,600 0.22
S=Shares Bought by Investors 76,100
B=Shares Sold by Investors 42,700
Open price
Close price
11/5/99 9:28:40 S 5,000 0.25
9:30:02 S 4,000 0.255
9:30:08 S 1,000 0.255
9:52:13 S 4,000 0.25
12:56:22 S 5,000 0.22
12:58:13 S 15,000 0.22
13:25:44 S 14,000 0.23
13:26:11 S 2,000 0.23
13:26:15 S 5,000 0.23
15:10:55 S 15,000 0.23
15:11:58 S 2,000 0.23
15:19:44 S 5,000 0.21
15:21:11 S 5,000 0.21
15:48:19 S 5,000 0.2
15:49:51 S 5,000 0.22
15:50:06 S 1,700 0.22
15:50:12 S 15,000 0.22
15:50:13 S 5,000 0.2
15:53:07 S 500 0.22
15:58:49 S 1,000 0.22
16:02:52 S 14,000 0.215
16:13:43 S 5,000 0.22
16:26:45 B 54,000 0.2
S=Shares Bought by Investors 134,200
B=Shares Sold by Investors 54,000
Open price
Close price
11/8/99 9:39:11 B 1,000 0.21
9:40:08 S 10,000 0.22
9:40:20 S 9,000 0.22
9:43:24 B 2,500 0.21
9:47:42 B 5,000 0.21
9:50:13 B 5,000 0.21
9:53:30 S 10,000 0.21
9:53:44 B 5,000 0.21
9:56:07 S 7,500 0.21
9:56:34 B 5,000 0.2
9:58:49 B 5,000 0.2
9:59:25 S 12,100 0.23
10:01:23 B 5,000 0.2
10:03:31 B 5,000 0.2
10:05:14 S 5,000 0.24
10:08:12 B 5,000 0.2
10:10:32 S 11,700 0.24
10:11:19 B 5,000 0.21
10:17:53 S 5,000 0.21
10:18:31 B 5,000 0.21
10:23:23 S 9,000 0.22
10:28:47 S 18,000 0.22
10:30:14 S 5,000 0.22
10:30:23 S 29,000 0.24
10:31:45 S 10,000 0.24
10:44:16 S 5,000 0.24
10:47:14 S 5,000 0.24
10:47:24 S 5,000 0.25
10:48:26 S 5,000 0.024
10:48:33 S 4,500 0.24
10:56:24 B 1,000 0.22
11:00:56 S 5,000 0.025
12:08:02 S 5,000 0.25
15:37:31 B 10,000 0.23
15:39:20 B 321 0.23
16:14:15 B 20,000 0.22
S=Shares Bought by Investors 175,800
B=Shares Sold by Investors 84,821
Open price
Close price |
