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Technology Stocks : Aware, Inc. - The Other Thread
AWRE 2.290+3.6%Nov 3 3:59 PM EST

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To: Steven Sage who wrote (26)11/21/1996 6:52:00 PM
From: Flan   of 71
 
I think your conclusion about market makers is not what happened with the stock today. From my understanding the large block that was crossed today was being shopped around yesterday. When a large block is being shopped market makers especially ones with stock for sale try to protect their exposure by selling stock naturally depressing the price as stock for sale becomes available. Once a large block overhanging a stock is crossed as it was today at 7/8 the stock typically rallies as market makers re enter the stock.
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