TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... Message Board

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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: TATRADER who wrote (20536)	2/11/2001 10:25:20 PM
From: Oeconomicus	Read Replies (1) of 59879

TA, what would you make of the heavy after hours trading in ELNK on Friday? In particular, a very large block (1.9 million shares) crossed at 4:30 at $9.25, the low in after hours. Could it be that the afternoon pressure on the stock was a market maker distributing that large block and the big trade was the other side of the cross (the MM's buy from the institution)? I'm not in the business (was 18 years ago, but...), so I'm not sure how something like that would show on the tape. Thoughts? TIA, Bob

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