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Technology Stocks : IMRS racking up y2k contracts. -- Ignore unavailable to you. Want to Upgrade?


To: LANDRUSH who wrote (2133)2/2/1998 3:25:00 PM
From: Kal  Respond to of 3162
 
All, do MMs have access to stop/limit orders? I'm asking becuase I want to know if they could manipulate prices so as to drag the price down to grab those stop/limit orders... and then boost it up to grab profits.

Kal



To: LANDRUSH who wrote (2133)2/2/1998 9:07:00 PM
From: jgibbs  Read Replies (1) | Respond to of 3162
 
What little I watched it seemed that much of the volume was coming from pea shooters with not many big block trades. Not sure, obviously, but MM's might be stacking up from small pea shooter trades waiting for the heavy hitters to descend like you and Nanda and Paul. Then we may see some real action to the upside.

CBSL may be setting a positive tone for the coming days, up 3+ for the day. Looks to me like it has to split soon with only 5.5 million shares floating. My guess is that it will announce 2 for 1 on earnings day if stock is 60 or below and 3 for 1 if above 60. Only my opinion based on similar experience with DDIM.