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Non-Tech : Global Payment Technologies Inc. (GPTX)
GPTX 0.00010000.0%Aug 14 2:08 PM EST

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To: dennis michael patterson who wrote (119)6/3/1998 12:18:00 AM
From: Jeff Grossman  Read Replies (1) of 171
 
The trades were small because the market makers kept lowering their bids each time they bought 1000 shares or so. I believe that the selling was probably all coming from the same source. And you're right - instead of taking in the stock, the MMs just got out of the way and then bought it cheap. I believe the selling from this source is finished, and I hope the stock goes back up as quickly as it came down.

Jeff
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