SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : MRV Communications (MRVC) opinions? -- Ignore unavailable to you. Want to Upgrade?


To: ahhaha who wrote (14364)7/8/1999 2:35:00 PM
From: Greg h2o  Read Replies (1) | Respond to of 42804
 
anybody else had enough of this?



To: ahhaha who wrote (14364)7/9/1999 12:27:00 AM
From: Robert G. Harrell  Read Replies (1) | Respond to of 42804
 
Ahhaha,
Since you are holding court in our ghetto today, could this clown ask if MM's can move the price down on low volume days to take out stops? I thought the MM set the bid and ask on Nasdaq stocks and thus, especially at the open, could take the price down quickly at least until buy orders started to pour in. On a few occasions I have lost stocks when the price dipped sharply a couple of points to just below where I had set a stop loss order( and presumably where many others may have set stops since I try to set them just below a resistance level) and then rebound quickly back to where it opened. It happened today (Thursday) with my LVCI. I was so busy crunching their huge sales gain numbers that I didn't even realize that it had happened until after the market had closed with LVCI 5 7/8 above where I was stopped out. BUMMER!!!

Am I just being paranoid or is this kind of manipulation done by MM's or maybe big players?

You sound like you are or have been a NASDAQ MM or NYSE floor trader. True?

Thanks for any explanation you can give me. I don't mind playing the clown if I can learn and grow.

Bob