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Strategies & Market Trends : From the Trading Desk -- Ignore unavailable to you. Want to Upgrade?


To: Robert Graham who wrote (2326)1/18/1998 4:06:00 PM
From: The Perfect Hedge  Respond to of 4969
 
Bob-
By manipulation I imagine mm's and specialists holding back a stock for their best interest:

Let's say the specialist for IBM has a big short position that he knows is coming down the pike from a client or friend,etc.... might he not get as many buy orders in asap and first so as to drive the price up?Could he even take buy orders over sell orders just to drive the stock up?
GD