SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Final Frontier - Online Remote Trading

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Esteban who wrote (1058)11/20/1997 10:03:00 AM
From: steve goldman  Read Replies (2) of 12617
 
Esteban,

Thanks for the question. First off, as we all know, there is no such thing as an easy answer. CNTL is the market maker biding with RYCE at this moment.

There a number of possibilities including, but not limited to:
1. the mm is covering a short position.
2. The mm is covering a short call position.
3. The mm is working a cross trade between customers.
4. the prints are not really taking place but are simply being painted tot the tape. (illegal)
5. A customer is moving stock from his one account to another, thereby indicating interest (illegal) when there really is none.

Dont forget there are lots of firms less than than honorable intentions.

There is so little activity in the stock today that probably the only players that no what is going is are the buyers and seller.

Regards,
Steve@yamner.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext