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.
Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Toni who wrote (5131)4/20/1998 5:02:00 PM
From: James Harold Alton  Read Replies (1) of 19331
 
Toni, My guess is that the 25K block represents a transfer of shares from one MM to another. Suppose MM "A" has a lot of inventory to move and other MM's know they can draw from that pool of shares when they want. The other MM's without shares might participate at the ask selling but not actually have any shares..going short. Then when they draw on MM "A's" supply to cover, we see large blocks come across and I suspect this is what we saw... Just another reason we have difficulty reading the TL. (G)

James
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext