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Non-Tech : Starnet (SNMM)Online gaming, sexsites, lottery, Sportsbook
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To: THOMAS GOODRICH who wrote (2112)3/11/1999 6:42:00 AM
From: LORD ERNIE  Read Replies (1) of 8858
 
That was a typical day for MM's.
They see the stop-losses andthey see also:
First hour of trade almost 500000 shares
Second hour of trade almost 300000 shares
Third hour of trade less than 100000 shares
In the afternoon they bring the ask price down so they can buy all the stop-losses.
That is not so bad for SNMM. Most of the day traders are out and the weak hands to.
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