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 : AUTOHOME, Inc -- Ignore unavailable to you. Want to Upgrade?

To: gpowell who wrote (20504)	3/31/2000 5:30:00 PM
From: FIRENZA	Respond to of 29970

ATHM/T deal featured on FOOL Rule Breaker Article. they like it! fool.com

To: gpowell who wrote (20504)	3/31/2000 7:04:00 PM
From: ahhaha	Respond to of 29970

The right assumption to make is that the MM is irrelevant. Assuming this state represents a discontinuity hole, and assuming the MM's want to stay neutral, they will have to fill market orders from their own supply (or add to it) Yes. until the price moves into sufficient quantities of limit orders. When the MM matches the match price prints and becomes the last price. Usually the B/A then centers there. The direction depends upon the type of market order (buy or sell). Therefore, market sell orders not matched by buy orders, for instance, will move the price down, into the buy limit orders, regardless of the distribution of sell limit orders. Yes.