Identix (IDNX) Message Board

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Technology Stocks : Identix (IDNX)

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To: steve who wrote (9141)	7/6/1998 5:43:00 PM
From: brad greene	Read Replies (1) of 26039

steve, No quiet period to deal with. IDX uses a specialist system....so there are no MMs. Just one specialist who makes the market. He may be adding to his book or selling out of it. When his book is out of 6 3/4 shares......the stock must go higher. If shorts need shares to buy....the specialist must go get them. If he must raise the bid...well...so be it. The important point is IDX showing shareholders why they should not consider selling at this price. When it becomes clear that the trend in IDX is up......the large short position will narrow. The shorts risk loosing their big gains......and you just don't know when IDX may begin shooting out positive news. I think there are many positive events coming up. IDX has many irons in the fire. bg

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