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Technology Stocks : Microlog(MLOG): Ready to Move?! -- Ignore unavailable to you. Want to Upgrade?


To: Bob&Carolyn who wrote (316)11/25/1997 9:09:00 AM
From: ChrisJP  Read Replies (1) | Respond to of 595
 
Here's something else to consider:

Yesterday, easily 20,000 shares traded at the bid (I assume they were sells) and the bid stayed at 7 all day. Now compare that to last week or so when every sell brought the bid down to where it was at 6+ for a few days. My question is what would motivate the MMs now to keep the bid at 7 with a string of big sells ? Do they know something which they feel is in their best interest to keep a good sell price ?

BTW, If I knew the answer, I'd be buying shares or selling shares like crazy.

Regards,
Chris