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Technology Stocks : ADSOD-Adaptive solutions

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To: tonyt who wrote (285)10/7/1997 12:33:00 PM
From: Follies   of 477
 

Couldn't that 'someone' have been another MM?


No way. The way MM's make money is by buying at the bid and selling at the ask and pocketing the difference. When they have to sell a lot (because someone else is buying) they keeping raising their prices until people start selling to them at their bid. MM manipulation does happen but not here, not now, not for 300 shares.

All the buying last week (or the week before) was most likely an individual who probably knows more than us what's going on at the moment.
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