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Gold/Mining/Energy : Nuvo Research Inc -- Ignore unavailable to you. Want to Upgrade?


To: Tom Gordon who wrote (6203)12/14/2000 5:07:58 PM
From: Joe Krupa  Read Replies (1) | Respond to of 14101
 
Tom,

It really does not make sense. TD shows their hand by putting 75k on the bid at around 3:30. They wind up taking the price up 50 cents to buy 8K shares. Why would anyone take the price up 50 cents for 8K when you still have intentions of buying another 67k?

Also why would they just not have bought the 25K at market. It would have blindsided all the offers and they likely would have got close to a complete fill for under $8.60. When they started moving the bid up, the offers were being pulled.

As I said, it does not make total sense to me. I hope this is not a continuation of TD games.

Anyone else have any opinions??

Joe