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


To: Jon Koplik who wrote (57305)12/28/1999 10:06:00 PM
From: Ruffian  Respond to of 152472
 
OK Warren B. LOL! eom.

Ruff



To: Jon Koplik who wrote (57305)12/28/1999 10:18:00 PM
From: Ruffian  Read Replies (1) | Respond to of 152472
 
Lets educate or bring our fellow thread mate into the 21st century. Jon a post from Yahoo is where you should start, imho.

MM Manipulation at its finest
by: themailboxatragingbull (26/M/Plano, TX)
12/28/1999 8:57 pm EST
Msg: 76969 of 77013
Anyone that thinks MM manipulation doesn't take place is gravely mistaken. If you watch LII screens along with the time
and sales you'll notice that very often the MM activity *causes* the selling rather than vice versa. However, some argue that
MM's merely fulfill the "house" function of order matching and they just wish to make the spread on a stock. That may be the
case on many stocks but on the high flier stocks they end up getting caught short and have no choice but to drive the price
back down so they can cover before allowing the stock to rocket again. And how often do we see the same MM on the
inside bid and offer just scalping the spread. NEVER. They're either on the buy side or the offer depending on which way
they want the stock to go. The most obvious evidence is to watch afterhours trading and how much it differs from the regular
market. Afterhours is relatively free of manipulation (although that is changing damnit!) and the difference in trading activity is
obvious if you trade both sessions like I do.

Given the above and much more, I think you'd have to have your head in the sand to believe that MM's don't have an
interest in manipulating stock price movements to their advantage.



To: Jon Koplik who wrote (57305)12/29/1999 11:11:00 AM
From: Ruffian  Read Replies (2) | Respond to of 152472
 
MM Situation
by: Flooor_Trader
12/29/1999 10:54 am EST
Msg: 77564 of 77597
Refer to my earlier pre market post. Only change is that the MM's were not able to generate any new sell volume when they
tried to take it down a bit. There are NO shares available for these guys to cover...none! Serious panic is now setting in with
the MM's, they have completely bungled the QCOM markup..not understanding that you cannot short to supply a stock like
this and then wait to cover at a large profit. Bring out the body bags.