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Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST

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To: White Shoes who wrote (1008)7/23/1997 1:33:00 AM
From: Mighty_Mezz   of 27307
 
The way the MMs walked this sucker up at close should be illegal. Unfortunately, Island trades are anonymous, so there's no way to prove it to NASD regulators, so it is, de facto, acceptable to NASD.
This price rise should take buyers of some sort. If it's all been short covering, the shorts should all be squeezed out by now. If it's new longs moving in, why no posts? The sell orders which hit island preceding the ticks up could very well be MMs going short themselves.
Won't know until the July short figures come out, but if the short interest hasn't changed significantly, it could mean the MMs took over the short positions by selling short to those being squeezed.
Any new longs... please reveal yourselves. Convince me that this really is buying going on, and not MM churn.
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