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Non-Tech : Meet Gene, a NASDAQ Market Maker

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To: gene_the_mm who wrote (1397)4/5/2002 1:43:20 AM
From: Doc Bones  Read Replies (1) of 1426
 
Gene,

Thanks for all the information you've shared, I've been lurkin n learnin. I don't know if you're doing this kind of thing, but we had a strange trading close in a small biotech stock I'm in, BTRN.

The biotech sector has had a tough 2002, BTRN even more so.

siliconinvestor.com

Today the sector was hammered, especially the "weaker" stocks like BTRN. Then with 15 minutes until close, it zoomed on big volume:

siliconinvestor.com

including these 3 block trades after hours:

16.09 $ 4.10 250000
16.07 $ 4.25 77000
16.03 $ 4.31 10000

[Av. daily volume is 139,000]

If you can shed any light on this activity, I'd be glad to have it.

Good luck with your hedge fund project.

Doc
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