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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: GVTucker who wrote (61674)10/7/2002 4:47:28 PM
From: Wyätt Gwyön  Read Replies (1) | Respond to of 77400
 
interesting. can you explain why that is? does it have to do with the uptick rule?



To: GVTucker who wrote (61674)10/7/2002 10:17:55 PM
From: pchristi12534  Read Replies (1) | Respond to of 77400
 
Obviously there have to be buyers on the other side of any sale - short sale or regular way sale. With a stock like CSCO, those buyers are also likely to be institutions.

However, whether on the opposite side of short sale or regular way sale, my question remains: Why don't buyers just wait to buy on downticks? They don't have to accommodate short sellers. If they want to accumulate stock, why not buy only on downticks?