Joe Copia's daytrades/investments and thoughts Message Board

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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Joe Copia who wrote (7014)	8/7/1998 11:53:00 AM
From: Dave Gore	Read Replies (1) of 25711

Well Joe, you may be right. But the last 2 days (So far) over 250,000 shares traded and virtually all BUYS and the stock is down from where is was on Tues-Wed. I am assuming of course that the volume figures do not represent any phony trades. All I am saying is that the MM's do not act like they are very short....yet. If they are being fed shares, that might explain it. Like I say, I do not recommend selling. And buying, in fact, might seriously dry up any shares they are being fed, if they indeed are. Who knows. PS-- Joe, if there are lots of trades between the Bid and Ask, what in your opinion does that mean and is that good or bad news for those long??

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