Roger's 1997 Short Picks Message Board

STOCKTALK

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 : Roger's 1997 Short Picks

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Roger A. Babb who wrote (7335)	11/20/1997 2:10:00 PM
From: Carl H. Gotsch	Read Replies (2) of 9285

Roger and All: Could someone knowledgable about how market making works explain what happened to CITRIX? What has to occur technically for a stock to go from 76 to 64, all in a matter of 15-30 minutes? (Huge volume, of course. Can't believe this was a coordinate attack by shorts?) Then, next day, it goes to 78, again on huge volume. I have seen this happen in AND a couple of times, but in those cases, the run-up has come first, then the fall to previous levels. I think I understand the motivation--somebody is trying to make money. But I would like to understand better the trading mechanics that produces (permits?) this type of result. Eye-opening, to say the least. TIA. --Carl

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next