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Technology Stocks : USRX

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To: Scrapps who wrote (15203)3/13/1997 12:25:00 PM
From: Michael Anthony   of 18024
 
I notice that the COMS MM's keep throwing on shares at the ask. Even when buying is outweighing selling, they pile more on the ask every time, especially at 35 1/2. Unless COMs can get over 35 1/2, USRX won't get over 60. Seems like there is enough buying to drive COMS up, yet they keep flooding the ask. Very frustrating to watch. I guess there is too much open interest in COMS at 35 and USRX at 60. Today's action is encouraging so far though. Why do they keep stacking up on the ask when it seems like it could run up if they let it? Is this really tied to options?
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