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Strategies & Market Trends : The picks

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To: V3 who wrote (1757)1/14/1997 12:19:00 PM
From: Shawn Murphy   of 6124
 
Robin, RE: INNO

IF and when INNO brakes through the .50 mark the volume should pick up and I think that even a 100,000 share trade would not be that big of a deal.

I expect to only sell 50,000 anyway, and more than likely I will sell it 10,000 at a time.

Sell 10,000 see if bid/ask drops, if not sell 10,000 more,etc.

if bid/ask drops, I would wait until the MM's start the next up tick and then continue to sell 10,000 at a time

NEVER let the MM's know at once how many shares you want to sell

they will kill you every time.
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