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Strategies & Market Trends : Steve's Channelling Thread
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To: Jdaasoc who wrote (25319)8/23/2001 6:12:26 PM
From: SBHX  Read Replies (2) of 30051
 
there are a lot of mom and pops out there on margin tha need to be cleaned out

As soon as $5 was cracked, it seemed a quite a few asks around 4.92-4.98 popped up in island and archipelago, don't know if those are the moms and pops you mean, if so, there's probably some sad stories behind those 5000,6100 and 4500 rmbs holdings. Perhaps stop losses?

finance.yahoo.com

Bid Orders                        Ask Orders 
Price Total Order Size Institution Price Total Order Size Institution 

4.90            755         Island   4.92           5,000 Archipelago 
4.87            700    Archipelago   4.93           4,500 Archipelago 
4.86            571         Island   4.94           1,000 Island 
4.82          1,500         Island   4.95           6,100 Island 
4.81          2,000         Island   4.98           3,000 Island

SbH
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