3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00160

0.0%

Nov 21 9:30 AM EST

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To: Mr. E2u who wrote (21471)	9/15/1998 12:01:00 AM
From: joe	Read Replies (2) of 45548

>>Something seems fishy in the price movement today.<< Yeah, that last hour or two totally baffles me. Since I'm clutching at straws for answer (and hopefully tomorrow we will gap up back to normal as you said) here's a possible explanation. I was reading Cramer's article a day or two ago, and he says that in times of extreme volatility, when lots of investors get hit with margin calls, that the brokerage firm who sells the clients stocks won't care less what price they get. Typically, they wait till end of day and just dump the stock for whatever they get, since they have no incentive to "shop". Maybe there was a huge 200K block that got dumped by margin liquidator around 3:00pm<gg>....not me guys. joe

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