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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Baton who wrote (10245)8/2/1999 9:00:00 AM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
Strange trades:

ROMC on Friday at 23:17:51 . . .just before midnight? . . I am showing 6,125,400 size trade at 7 1/2 followed by 44,300 sized at 7 15/32 at 08:02:18 this morning.

OK. . .that might be. . .uh. . .well. . .

But that isn't the strange part. . . . this is:

SIII on Friday at 23:18:17 Friday night shows 589,100 size trade at 11 1/4 followed by a 46,000 sized trade at 11 7/32 at 08:02:24 this morning.

So now I think. . .well then. . .uh . . .<scratching head> . .ummmm. . . ? ? ? ? ? ?

My Guess:
Some sort of last second brokerage short covering before the close of the month? Then new short positions taken first thing this AM?

Any comments?

Rande Is