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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Judith Weintraub who wrote (17415)5/21/1998 12:33:00 PM
From: Mr Logic  Read Replies (2) of 31646
 
re MMs, NASDAQ etc.
I know it may be some comfort to think that the gyrations in the stock are all down to conspiracy and nothing to do with the stock itself, but TAVA was freely shortable before NMS listing, also I guess Tim may know but I'm not sure we have picked up any new MMs. In a stock where everyone has been incessantly 'buying the dips' when the stock is 'on sale' at 12 or whatever, the margin is bound to build up. A few sell because of a flat earnings report, price comes down, margin gets squeezed and it can snowball. Kind of opposite to a short squeeze. Should leave the stock 'healthier' though and won't last forever.

It is not the case with TAVA but I have seen stock price falls rationalised as someone else's fault all the way down.
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