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Technology Stocks : RGFX Raster Graphics

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To: Bilow who wrote (520)	3/9/1998 10:35:00 AM
From: Bilow	Read Replies (1) of 593

I'm in the process of going to cash, so I am selling off my RGFX. Funny thing happened this morning. I swear that you just can't deal with the other players in this market in a straight forward, upright manner. I had 3500 shares. The stock was running 2 11/16 x 13/16. So I put in a limit order to sell 3500 shares at 2 3/4. No takers. Meanwhile, the Dow busts into positive territory, still no takers. I decide that the size of my order is bothering somebody, and they think I'll blow it out at the bid. So I cancelled the order, and replaced it with one to sell 1500 shares at 2 13/16. The bozos take it right off the table. I guess my raising my ask was a bullish move for the stock. In any case, they paid my commission for me. Now I have to do the same with the remaining 2000 shares. I'm not at all convinced the market makers in this game are very smart. -- Carl

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