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Biotech / Medical : BIOTECH & TECHNOLOGY INVESTING *UNDERVALUED*{T/A F/A & V}

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To: tuck who wrote (253)3/8/2000 3:48:00 PM
From: tuck  Read Replies (1) of 423
 
Jeffrey,

Update on market maker behavior in BMET. Watch these guys. With the stock trading at 29 7/8 to 30, an order went through for 28. The old "oops, we dropped the ticket and just found it, we're so busy" move gone electronic. I aleady noted the head fake to 27 1/4 to pick up a block there yesterday morning. We got another such move at close yesterday with a little follow through in the morning. Looks to me like the MMs manipulate this one pretty shamelssly, and that we can perhaps ride their moves. I just missed getting filled for a second round of put sales on this last move.

siliconinvestor.com

Cheers, Tuck
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