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Technology Stocks : Osicom(FIBR) -- Ignore unavailable to you. Want to Upgrade?


To: lisa who wrote (3481)12/10/1997 7:36:00 PM
From: P.T.Burnem  Read Replies (1) | Respond to of 10479
 
Would you get out your 10 foot pole, or would it meet your investment qualifications if Osicoms biggest shorter from the past turned around and is now snagging excess shares on the bid?

Don't worry, Osicom will issue more.

BTW your name is reminds me of that big circus, Do you remember exactly what the name is?

Osicom's meeting with analysts?

PTB



To: lisa who wrote (3481)12/10/1997 10:30:00 PM
From: Mama Bear  Read Replies (1) | Respond to of 10479
 
>>>Thank you, sounds like level II is a must, theres a certain NYSE stock im falling in love with, does level II work the NYSE, S&P and CBOE?<<<

No, it's just Nasdaq that has market makers. The others are specialist markets, which are more like auctions. The Nasdaq is more like a corner store, which buys inventory and marks it up. On the other markets there is just one specialist in each stock. On the Nasdaq there are many market makers that compete with each other to buy and sell the finite supply each day. It is much easier to tell the direction of a stock in that environment, that is why most daytraders stick to Nasdaq stocks. It is also why Nasdaq is more suseptible to "manipulation". QNTM will be interesting tomorrow am. Watch it rise like FIBR did the day after the Barron's story as the market makers flip the panic sells . I'll be doing the same (flipping a panic sell).

Barb