Foodmaker (Jack-in-the-Box Restaurants) Message Board

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Non-Tech : Foodmaker (Jack-in-the-Box Restaurants)

FM 27.19

0.0%

Jan 8 4:00 PM EST

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To: Arnie Doolittle who wrote (120)	6/6/1997 10:13:00 PM
From: Arnie Doolittle	of 338

The little guys keep trying to sell stock and the market maker pushes the price down to accomodate them. But the MM is frustrated because buyers keep buying large blocks at the ask and driving the price back to 14. (e.g. Block of 55,000 near the close at 14.) This stock wants to go to 16. Ok, I can dig it so let's get with the program. Arnie

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