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Non-Tech : Littlefield Corporation (LTFD) -- Ignore unavailable to you. Want to Upgrade?


To: Musya who wrote (5285)12/9/1997 10:58:00 AM
From: B-MAN  Respond to of 10368
 
NEWS - FYI....

biz.yahoo.com

B



To: Musya who wrote (5285)12/9/1997 11:21:00 AM
From: Que  Read Replies (1) | Respond to of 10368
 
Your right about the chunks at the end of the day Musya. There were quite a few large chunks in the last 20 min. In the last 6 minutes alone the volume was 88,000. Most of the volume for the day in the last half hour? Very peculiar - several large buyers/sellers moving at the same time. However, I don't see why today's opening volume on the warrants would be the corresponding cover on an arbitrage play - they could have made just as much covering with the stock itself. For MMs to go for arbitrage, the difference between the warrant bid and the stock ask needs to be a good bit larger than the spread on the stock alone.

L.L. & P.