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Strategies & Market Trends : Lizard King's Trading Swamp
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To: TATRADER who wrote (2374)10/23/1997 8:15:00 PM
From: mark mallen  Read Replies (1) of 7396
 
Mark, I also kept most of my eght. IMO I doubt the lead underwriter for the stock would release shares early if it would have a negative effect on the stock price. Institutions like to buy large blocks of good stocks if they can get them without jacking up the stock price. If I don't sell tomorrow, I will look at the stock Monday as though it was having a secondary offering. I think Montgomery will step up and support the stock if there is excess selling.
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