Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Jim Willie CB who wrote (42318)	9/23/1999 2:16:00 PM
From: Voltaire	Respond to of 152472

Hi Jim, Yes the Houses have moved away from technique such as loud downgrades like you say. They no longer have to show their hand as much due to the amount of stock awash in their inventories today. This stock is a tremendous weapon in holding down or propelling forward certain stocks. One guy asked me why would you want to hold back something you own. Many times due to certain positions taken some Houses are not as liquid as they want to be in order to take advantage of the different situations they are confronted with and they want more time. Solution - go to your inventory and pull out 20 or 30 million shares of that stock and work with another House and simply trade over the average daily volume within 1/8 and 1/16 and it will be hard for the public to move the stock. However one house in and of itself cannot prevent movement either way if there is unbelievable pressure on the stock. V.