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Non-Tech : Imperial Sugar (IPSU) -- Ignore unavailable to you. Want to Upgrade?

To: Crossy who wrote (40)	12/12/2002 7:10:05 AM
From: Patentlawmeister	Read Replies (1) \| Respond to of 121

Hopefully the recent accumulation indicates that some relatively large entity has discovered the undervaluation. Note sometimes that at one moment, the b/a is say, 3.25 x 3.40 ... then, without any trades the MM's raise it to 3.35 x 3.50 ... i think they did this a couple of times ... obviously a large buyer is putting in orders in between the b and a trying to get filled and the MM raises the price accordingly. The question is, what is the highest price the accumulator is willing to pay? We'll find out soon enough. In any case, this is just the short term trading scenario; more importantly, the quarterly report is coming out any day now and hopefully the accumulator has some info about that and is buying for a reason.