FWIW, Some older data that I just came across that I found rather interesting. This is the top 8 market makers in WinStar, and the block trade volume they handled during May and then the tumultuous June.
That Montgomery handled 42% of the block volume during June makes me want to go "hummm". More volume than the next seven combined. I wonder if they were buyers or sellers?
I probably shouldn't speculate. Just wondering if someone knew there was no truth to the rumors or even had reason to propagate the rumors.
June 1998 May 1998 Year to Date Volume Rank % Volume Rank % Volume Rank % ---------------------------------------------------------------- MONT 2,894,900 1 42 623,600 2 14 9,279,769 1 21 LEHM 634,400 2 9 407,000 5 9 4,369,568 3 10 BEST 604,391 3 8 55,000 13 1 1,433,191 7 3 FBCO 593,573 4 8 813,366 1 19 7,423,893 2 17 JEFF 506,200 5 7 29,000 18 <1 869,400 14 2 MSCO 322,650 6 4 55,100 12 1 3,525,960 4 8 SBSH 194,205 7 2 597,550 3 14 2,406,250 5 5 GSCO 135,000 8 1 47,500 14 1 1,101,000 9 2 ---------------------------------------------------------------- Total Vol 6,809,719 4,232,256 42,997,577 |