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Strategies & Market Trends : DAYTRADING Fundamentals
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To: OZ who wrote (5592)11/21/1999 10:43:00 PM
From: Mark Davis  Read Replies (1) of 18137
 
In case anyone thinks they are giving away free money , 9 out of 10 times, if you can sell to ISLD while they are bidding 2 points above the L2 bid, the stock is going promptly HIGHER anyhow, so you are really selling cheap.

IPO's move so fast these days, that 2 points is next to nothing.
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