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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Never Hibernate who wrote (14607)2/25/1999 8:06:00 PM
From: genejockey  Read Replies (4) of 122087
 
Did anyone else notice MM RAJA holding OMGA bid up?

It was very noticeable that RAJA, on several occasions, seemed to show the best bid usually in the 10's. RAJA always kept showing just 100 share bids but was evidently accumulating in the 10's as numerous sells went off in the 10's at times when RAJA was the only bidder in that range. Someone on daytraders mIRC mentioned that RAJA may have been trying to prop up the price so that other MM's (that he may have been colluding with) could sell short at the inflated price... Does this make any sense?----Not Howie
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