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Strategies & Market Trends : APMP (formerly APM)

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To: WTMHouston who wrote (10789)4/21/1998 3:06:00 AM
From: AlienTech  Read Replies (1) of 13456
 
Looking at the Time/Sales APM closed at 16:00 @ 11 5/16 for 400 shares.
Then the Bid dropped to 10 7/8 to 10 1/2 to 11 5/16.. No trades. It is intresting that the Bid Size went up to 18300 from 100 for 11 5/16 ask 8300 shares for 11 3/8.

Oh there was an MM trick, A NAS trade for 1000 shares @ 10 1/8. Strange since this is a NYSE stock. I think the NAS MM's dropped the price to scare people into selling them shares at tomorrow's open at the cheap to cover their nakid short positions.
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