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To: chartseer who wrote (457)7/18/1999 9:27:00 PM
From: Colin Cody  Read Replies (1) | Respond to of 492
 
chartseer, I would imagine that if orders are pouring in, that the Specialist can't manipulate. It needs to be done in a VACUUM, I'd imagine.

i.e. no trades, and than one comes in. Specialist holds it up and in effect front runs it, dropping the price, say, grabbing the stop loses and then raising it and selling to the order making its way in???

Colin