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Technology Stocks : Ariba Technologies (Nasdaq-ARBA) -- Ignore unavailable to you. Want to Upgrade?


To: gladman who wrote (382)9/27/1999 8:24:00 PM
From: SeasideHeights  Read Replies (1) | Respond to of 2110
 
Daytraders Exit; MarketMakers Profit.

Another high flyer ATON took a HARD fall at the end of the day too. Its fall started just a couple minutes after ARBA's. Looks like daytraders got out of ARBA & the MM's tried to buy their shares back for as little money as possible. After hours the stock isn't falling because all the daytraders are gone already. If this is the first time you've seen this type of action in a Nasdaq stock, be prepared for more. It's part of the "game". If anything, the upside looks better now since the 52 week high is now pushed all the way up to 198. and, who will be back at 9:30:00 tomorrow? you got it, the daytraders.