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Technology Stocks : Softbank Group Corp
SFTBY 67.26-7.6%12:06 PM EST

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To: Edwin S. Fujinaka who wrote (5260)6/7/2000 6:33:00 PM
From: Edwin S. Fujinaka  Read Replies (1) of 6018
 
Just as a small aside, Schwab is currently posting Softbank to customer's accounts at $200. I presume this will be the closing price today that is agreed upon by Blooomberg, and others. At the same time, when the Schwab Global brokers pull up my account, they see Softbank posted at $175. They do not have an explanation for this difference. I think the US Market Makers are cooking the stock price at the close to make it appear that Softbank's price has gone up for several days in a row without a pullback in the US market (as far as the closing price is concerned). Even though the last posted trade will come in at $200 today, I expect that none of us could have sold any stock at $198 if we had a good til cancelled order in today.
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