Diversinet ( DVNTF / DVNT ) aka Message Board

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Gold/Mining/Energy : Diversinet ( DVNTF / DVNT ) aka

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To: Frosty who wrote (741)	7/19/1998 4:31:00 PM
From: Justin Franks	Read Replies (1) of 1242

Frosty, one thing I don't agree with... institutional money buying 2-5k blks. Institutions would buy much larger blks, over 20k. This stock is being manipulated and I don't know why. For example, I've been trading 15k shares frequently for the past 4 weeks. I use Datek, so I've been buying and selling in blks of 5k. However, when I buy, my 5k blk trade will go through all at once and usually takes about 30 seconds. The ask price usually doesn't change. But when I sell, my 5k blk trades are broken into chunks of 500-1000 shares, and the bid price tanks. I think MM's are using tactics to make it appear as though larger blks are being bought than sold. I believe that Friday was a fake bottom. I feel were gonna see more lows before any news. Also, Friday, momentum didn't go up, it still kept going down... and volatility shot up.

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