Ergobilt (ERGB) - Ergonomic Chairs Message Board

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Biotech / Medical : Ergobilt (ERGB) - Ergonomic Chairs

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To: Robert DeHaven who wrote (784)	3/25/1998 9:12:00 AM
From: Anaxagoras	Read Replies (2) of 900

Hey Bob, great post. Thanks. That's sort of what I was thinking/hoping for my trade. I was wondering if you or anyone else might be able to help me out on one other point. You wrote: <<5. the stock declined in advance of the sale.....therefore the market makers knew it was coming and did not want to get hit with alot of selling.>> Yes, it had declined for a while, and if your hypothesis is correct, then it appears that the MMs knew about the sale for a while, several days at least. How? Did Mac have to start negotiating the liquidation of his margin account awhile ago, which info was passed from broker to MM in trying to find someone to buy the lot? The question is, just how did the MMs know so far in advance that the sale was going to occur? Thanks for any light that can be shed. Anaxagoras

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