SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : TechniClone, Inc. -- The Next Intel

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: J. Stone who wrote (81)4/1/1997 3:18:00 PM
From: Andrew Vance   of 342
 
Wrong Stoney-I couldn't access SI for about an hour and called the managing underwriter who is also the lead market maker for CLON. He was able to glean shares for me as the stock was turning over. All told, he accumulated a total of 55,000 shares at an average price of 8.375 with most of the shares actually being bought in the 7s and 9s. Apparently there were as much as a 2 point spread on this stock as the MMs were taking eveyone to the cleaners. The stock is trading so rapidly that I can't even post its present price.

However, it pays to know the MMs and the lead underwriters. Not that it makes a difference if regine wants to back out but I did score the 5,000 of the 55,000 share block for her. If anyone can contact her, please tell her that she needs to email me before the close of the market. Her price will be mixed in with mine and I will trnsfer to her a 5,000 block that was piked up a 8 1/2. As of this second, she is up a $1.

Andrew
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext