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Strategies & Market Trends : WR's Momentum Trades
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To: ChrisJP who wrote (7835)7/19/2000 12:57:15 PM
From: Eric Fader  Read Replies (1) of 11130
 
Gee whiz, what a surprise on BBAN. I and someone else (was it you, Chris?) posted about this at the time it was happening. Every MM in the stock was aware that millions of shares had to be unloaded quickly, so of course no one was willing to risk huge losses by taking in more than a couple thousand at a time. It's amazing to me that they even found buyers for all those shares.
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