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Politics : Formerly About Advanced Micro Devices
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To: Charles R who wrote (92561)2/11/2000 2:33:00 PM
From: Jim McMannis  Read Replies (1) of 1573946
 
Charles,
RE:"I would *really* like to understand the perspective of the people who want to sell right now ;-)
"

On the floor of the NYSE the specialist has a station with a monitor.
Lists the available shares for sell and buy. He has to match them up. He can also do this out of his/her own account. You can't match up buys if no one wants to sell at low prices. So he has to bid up the stock wait for higher sell orders or use his own account or sell his own shares. Who would sell? Those who are satisfied with the price they get I guess...
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