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Non-Tech : Helen of Troy Ltd (HELE)
HELE 18.94-1.3%12:29 PM EST

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To: Beans who wrote (219)5/19/1999 3:25:00 PM
From: Alexander Pavlov  Read Replies (1) of 295
 
>> I have never seen anything like this. Same guy trading via instinet (INCA). I truly believe this stock would be in the twenties if it wasn't for him. He sits everyday on the ask sucking up all buying. He occasionally moves away for a few minutes, lets the stock run up a little and then drives it back down. >>

As a matter of fact INCA is mostly at bid as well and spread is mostly narrow. Could it be just the case of hidden wash sale (HELE is well off its heights from last year). I hate all these conspiracy theories, but why not? Just moving stock from the left pocket to the right while recording loss.

Alex
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