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Biotech / Medical : Imclone systems (IMCL)
IMCL 0.1590.0%Oct 5 5:00 PM EST
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To: The Fox who wrote (2077)2/20/2002 8:05:51 PM
From: tom pope  Read Replies (1) of 2515
 
And the drop was caused by the MMs accumulating shares for him, dropping the bid to shake the trees

That's a pretty neat trick, accumulate shares by dropping the bid. I've tried it, but it never works for me.

If you think the bid was artificially low, why didn't you step in with your bid?
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