IMNR - Immune Response Message Board

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Biotech / Medical : IMNR - Immune Response

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To: AHM who wrote (744)	7/2/1998 12:18:00 PM
From: Brian Thomas Hertzog	Read Replies (1) of 1510

AHM, What market makers do and where they stand on a stock is very, very important. Institutional traders and investment bankers work sales from both the buy and sell side according to their customers desires. Let's say If an institution, one of OPCO's customers, wants to sell a block trade OPCO will try to find someone else on the other side to buy the block. Hence, they receive commission on both sides (crossing stock). If they are a market maker for a company, IMNR, they want to be the firm that people come to if they want to trade IMNR. They also want to show the company, IMNR, that they are moving the most shares. Hence, if IMNR wants to do a public offering or any other form of investment banking; Who will they turn to? Oppenheimer

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