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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (11536)8/22/2002 3:55:17 PM
From: The Vet  Respond to of 16631
 
It's a punt, but I'm in there and still buying the dips.. Keeps me amused to watch the MM squirm... They will try to drop it at the close to make it look weak.. you may get a bargain..



To: yard_man who wrote (11536)8/22/2002 4:16:22 PM
From: The Vet  Read Replies (2) | Respond to of 16631
 
Did you see that close on GMXX....

The Ask was $5.60 (they dropped it from $5.80 even though nobody sold into it) and the last trade before the bell went through at $5.65. Then suddenly 4 minutes after the bell they print up a trade for 5,500 shares at $4.64 a full $1.01 under the real closing price..
Talk about painting the tape!!
I'm sure everyone would be happy to sell on the close $1 less than the bid!!
Have they no shame!!!