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Technology Stocks : 3DFX

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To: Piranha who wrote (1267)1/14/1998 9:15:00 PM
From: robnhood  Read Replies (1) of 16960
 
Piranha, It was just a thought, when I am short a stock that acts as well as this, I would cover on this kind of drop ,, after the news I saw much larger trades going thru,, even one for 10,000,, after watching the trading the last few days, I saw my order for 2000, as a large trade, compared to most. As a MM in toronto, not all trades I make are profitable ,, and I believe the same applies for MM's on NAZ,, when I realize I've walked into the lions mouth , I welcome the opportunity to get out,, even at a loss when the alternate is a much larger loss. If in fact I am right and all the MM's on tdfx were short, as it broke into new high ground , how and from whom were they to cover. Besides that , caution and the S word are not that common from analysts these days.
russell
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