SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Kismet Energy (KISS) is taking off on PennyStock Picks!

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Alan Vennix who wrote (12)9/25/1998 10:55:00 AM
From: Alan Vennix  Read Replies (1) of 138
 
Somebody just offerred 15,000 shares for sale (probably at the market price) when the bid/ask was up around 1 11/16 to 1 3/4. The MM immediately dropped the bid to 1 1/2 and took the 15,000 shares at that price, then dropped the bid to 1 7/16. Tough to fight those SOB's.

Alan

PS - Nobody took them up on the 1 7/16 so they raised the bid back to 1 5/8. Shows the danger of offerring a block (larger than what the MM's have bid on) at market.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext