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Non-Tech : ECN Bogus Bids and offers, Manipulation BY MMs

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To: xcr600 who wrote (103)7/29/1999 11:40:00 PM
From: ynot   of 112
 
x, i was looking at delayed L2 on NOPT today and notices swings of up to 1/2 point, at the close price was run up from $35 to $38 back to $34 1/2 and settling at $35 1/2

while i am short NOPT, it really didn't surprise me as i have noticed the pattern in the past couple of days

the NOPT long however must have had to change there clothes and wipe their floors seeing such a wide swing after the stock sunk to $30 earlier this week

is this 'slippage' here? or something else?
either way, i think the firm who employed that MM should give him a big bonus and with the profits even pay some cleaning bills of the anxious longs

NOPTurd comedy, but may qualify as educational entertainment for this thread

ynot ;)
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